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Standard Bank Group - Mozambique

Standard Bank SARL ("SBM") has an extensive track record and is regarded as one of the local market leaders. It has been operating in Mozambique for over 121 years.

Network

SBM's network is one of the widest in the country. It covers every major city and town in Mozambique, has 34 branches.

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.