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Madagascar

Address
Union Commercial Bank S.A.
Rue Solombavambahoaka Frantsay 77
Antsahavola (101)
P O Box 197
Antananarivo
Madagascar
H Fleurot - Chief executive
Tel: 261 2022 27 262
Fax: 261 2022 28 740

Events & Social Responsabilities

NOTICE: Prohibition of external receipts via SWIFT MT103 in national currency

Please note that the Bank of Mozambique has communicated on the 10th June 2020 all commercial banks to not process inward payments in local currency, as they must be remitted to Mozambique in foreign currency, despite the beneficiary account being in MZN or in foreign currency.

Standard Bank plays leading role in Mozambique LNG financing

Standard Bank is one of the leading financial services providers involved in the financing of up to US $15 billion for the Mozambique LNG project, led by the French multinational Total, in the Rovuma basin, whose financing documents, confirming access to the senior debt, were signed on Wednesday, July 15.