Standard Bank and M-Pesa - the largest mobile financial service that allows customers to pay via mobile money – had signed this Wednesday, August 24th, in Maputo a memorandum of understanding, aiming to allow money transfer between both institutions’ clients.
Standard Bank Mozambique was recently acknowledged in the World's Best Securities Services Providers 2016 awards, by the prestigious magazine Global Finance. The award confirms Standard Bank as being the Best Sub-custodian Bank in Mozambique.
Standard Bank, in partnership with the Mozambican startup UX Information Technologies, brings to Maputo, on 15th July, the SeedStars World, the world biggest startup competition for emerging markets, whose winner will attend the global event, which will take place in Switzerland, to compete for a prize worth up to 1.5 million US dollars.
Standard Bank will take three (3) clients, and their spouse, with all expenses paid, to attend the annual festival Standard Bank Joy of Jazz, taking place on 16 and 17 September in Sandton, South Africa.
The Courts of the Tunduro Garden, in the country’s capital, Maputo, hosts, between the 28th of May and the 19th of June, the 6th edition of the Standard Bank Open, which for the second consecutive time, counts with three major competitions, including two Futures in men and also the competition in the category of Senior Women.
Foreign direct investment in projects of LNG-liquefied natural gas in the Rovuma basin in the north of the country, is estimated to reach, between 2017 and 2022, around 35 billion US dollars, if the contractual party that operators can advance to the financial investment decision to be completed by the end of this year.
As the financial partner of MozTech, Standard Bank participated in the third edition of the digital fair, which took place between the 11th and 13th of May, where the bank exhibited a set of banking solutions, which are designed to allow customers quick and instant access, making banking experience unique.
Standard Bank has just been nominated for the third time in a row as Best Investment Bank of Mozambique as result of a growth of 4.8 per cent of the total investment income .
The managing director of Standard Bank, Chuma Nwokocha, considers entrepreneurship as the key driver of economic growth, as stated during his participation in a debate on the subject, sponsored by the Embassy of the Kingdom of the Netherlands to assess the degree of functioning of the "youth entrepreneurship ecosystem", in Maputo, under the project StartMOZup.
The Managing Director, Chuma Nwokocha, and the President of the Mozambican Soccer League, Ananias Couana have signed the sponsorship agreement for Moçambola, the main national soccer competition, for five more years, untill 2020.