Standard Bank says bringing banking to the people

Sharon Kavhu

WINDHOEK – Standard Bank in Namibia says it is hosting a couple of Teacher’s Awareness Days by taking banking to the teachers and surrounding communities through workplace banking.

In a press statement, Standard Bank Katutura’s branch manager, Lazarus Shikongo, said the development was meant to inform the community on its new services and also continue strengthening the good relationship between the bank and Namibia National Teachers’ Union (NANTU).

“We have a good standing relationship with the Namibia National Teachers’ Union (NANTU), having previously collaborated with them through various sponsorships. We wanted to continue this tradition and thought that having these Teacher Awareness Days were we bring workplace banking to the teachers was the best way to do it,” said Shikongo.

The initiative has seen workplace banking going to the teachers of Jan Mohr Secondary School and Immanuel Shifidi Secondary School in Katutura.

Shikongo added that the workplace banking sessions was a platform for enlightening customers on the new products.

Standard Bank’s workplace banking manager and custodian, Cecilia Hagen-Cloete, said through the bank’s initiative, people had been encouraged to spend within their means and earnings especially in Namibia’s trying economic climate.

“Most of the times Namibians spend more than what they earn resulting in unnecessary debt and worry, thus it is important for them to also save for the future,” she said.

Hagen-Cloete stressed that they decided to open the workplace banking days at the schools open to the surrounding communities because many of them needed the financial assistance that the workplace banking consultants could offer.

Meanwhile, Standard Bank has warned of a series of hoax phone calls to several of its customers requesting them to provide their ATM card numbers and special details. The bank has described this as “vishing” which is a voice and phishing put together.

“….Our staff will never call customers via telephone or cell phone to request personal information such as bank account numbers, debit or credit card numbers, expiration dates or personal identification number,” said Standard Bank’s acting head of marketing Sigrid Tjijorokisa.

She advised customers to hang up immediately if by any chance they received such calls, adding that the calls would be from fraudsters who want to use customer’s personal details to steal.

June 2017
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