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Blue Bank expands its services to Okakarara

Blue Bank expands its services to Okakarara

Standard Bank Namibia inaugurated another new branch, in the town of Okakarara in the Otjozondjupa Region this month. The bank pumped an investment of N$4.5 million for the development.

This latest addition comes after the bank also recently opened new branches in the towns of Karibib and Okongo in the Erongo and Ohangwena regions respectively.

At the official unveiling, Regional Chairperson of the Otjozondjupa Region Julius Neumbo commended Standard Bank for its ongoing going mission to bring banking services closer to the people as it relates to financial inclusion.

“Standard Bank did not only improve the landscape of your town with this magnificent building, it has bought modern banking facilities to your doorstep. Use them to your maximum benefit. Put your hard earned money in the bank’s safe custody and earn a good rate of return so that the value of your money can increase,” said Neumbo.

He further encouraged the residents to make optimal use of the new branch in order to grow themselves financially, as this will ultimately stimulate viable business initiatives that will develop the town to greater heights and the region as a whole.

“I know I am speaking to the converted when I say that keeping money under pillows or mattresses is not only unsafe, it is old fashioned and antiquated, and can only be compared with an unwise and archaic decision in the days gone by,” added Neumbo.

With a current population of approximately 7,000 residents, Okakarara has seen considerable growth in terms of infrastructural development over the years. It has the biggest veterinary clinic in the region, a medical centre, an SME Park and a Business Centre to name but a few.

The Bank also plans to open its 59th branch in Aussenkher on 6 December.

Caption: Standard Bank unveils new branch to the value of N$4,5-million in Okakarara. Posing from l-to-r are Standard Bank’s Okakarara Branch Manager Othilie Kariko, Okakarara Mayor Olga Tjiurutue Katukundu, Otjozondjupa Regional Councillor Julius Neumbo, Standard Bank’s Head of Branch Distribution Saara Shivute and Chief Executive Officer of Okakarara Town Council Ehrnst Katjiku.



About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and she believes education is the greatest equalizer. She received her degree in Journalism at the Namibia University of Science and Technology (NUST) in June 2021. . She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.