RMB Namibia has been named the World’s Best Sub-Custodian Bank for 2026 by Global Finance, earning international recognition for its custody and asset servicing capabilities.
The award forms part of Global Finance’s 24th Annual Best Sub-Custodian Bank Awards, which recognise leading institutions across 83 countries and territories.
Winners were selected based on market research, industry analysis and client feedback, with performance assessed throughout 2025.
Banks were evaluated on criteria including client service, operational excellence, technology, post-settlement efficiency and local market expertise.
RMB Namibia Chief Executive Officer Daniel Motinga said the award reflects the bank’s commitment to delivering reliable custody services to institutional investors.
“This recognition is a proud moment for RMB Namibia and reflects the strength of our people, our systems, and our commitment to excellence in everything we do. In a rapidly evolving financial landscape, our clients rely on us for precision, trust, and consistency. This award affirms that we are delivering on that promise every day,” Motinga said.
He said the recognition also demonstrates the group’s growing capability across Southern Africa.
“Being recognised on a global stage speaks to the strength and the depth of capability we have built across Southern Africa. It reinforces our ambition to continuously raise the bar in custody services and to remain a trusted partner to institutional investors navigating increasingly complex global markets,” he said.
According to Global Finance, sub-custodian banks are playing an increasingly important role as investors diversify internationally and financial markets become more heavily regulated, increasing demand for institutions capable of delivering consistent and efficient custody services across multiple jurisdictions.
RMB Namibia said the award reinforces its position as a trusted partner for institutional investors and reflects its continued investment in governance, technology, operational excellence and client-focused custody solutions.
The bank is part of the FirstRand Group and has operated as a full corporate and investment bank in Namibia since 2014, providing corporate banking, trade finance, foreign exchange, global markets and custody services.
