The Banker Magazine has announced Bank Windhoek as the winner of its annual Bank of the Year Award – Namibia.
The Awards are regarded as the industry standard for banking excellence and recognise global financial institutions that have outshone their peers in performance, strategic initiatives, and response to the pandemic.
According to The Banker, Bank Windhoek was named Namibia’s best-performing bank in a challenging economic climate, exacerbated by the pandemic.
“The judges took note of the Bank’s strong financial performance and innovative initiatives, such as the introduction of the new Mobile Banking App, listing the country’s first Sustainability Bond, a first for commercial, financial services institutions in Southern Africa.”
The relevant information was collected by the Award’s research team and judged by a panel of editors.
“The process takes over five months to complete and for these reasons, The Banker’s Bank of the Year accolades is in our view the most coveted and widely regarded award in the global banking industry,” said Bank Windhoek’s Managing Director, Baronice Hans.
“With our founders’ entrepreneurial foresight and pioneering spirit embedded in our culture, we have a unique and proud heritage as a relationship-driven Namibian bank,” she said. “We believe that solid relationships based on ethical principles are the currency of business today and pride ourselves in being connectors of positive change.”
The last time Bank Windhoek won The Banker’s Bank of The Year Award was in 2019.
