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  • RMB Namibia wins best treasury, cash management bank once again
RMB Namibia CEO Philip Chapman.
Photo: Contributed
RMB Namibia CEO Philip Chapman. Photo: Contributed

RMB Namibia wins best treasury, cash management bank once again

STAFF REPORTER
RMB Namibia recently won the world’s best treasury and cash management bank award in Namibia, awarded at the prestigious Global Finance magazine Best Treasury and Cash Management Bank Awards.

The awards acknowledge expertise in treasury and cash management in relation to market share and reach, customer service, competitive pricing, product innovation and differentiation. Excellent service delivery in challenging markets and smart management of cash and treasury systems deliver strong results and ensure sustainability of financial service offerings in country.

RMB Namibia CEO Philip Chapman said the award highlighted the institution's ability to deliver customer oriented solutions.

“How we manage client money remains a driver of our long-term successful relationships with clients. Winning [this award] for the fourth time is important to us and reminds us that our long-term commitment to innovative, sustainable partnerships truly benefits clients, and in turn, our country," he said.

The award highlighted RMB’s capability to deliver solutions within a challenging economic environment and ability to help clients navigate the challenging circumstances that continue to affect their businesses and customers. By investing in product enhancements and innovation, the bank created sustainable value within its clients’ businesses, Chapman added.

According to him, the award was an acknowledgement of the institution's innovation.

“RMB Namibia’s multi-platform products and services have evolved along with our clients’ needs for increasingly sophisticated financial services. Specialist product expertise, innovated financial solutions and global reach combine to provide solutions that are fit-for-purpose and highly relevant in today’s market and beyond. Our appreciation of this latest award goes to our clients, for their ongoing trust and partnership," he said.

Global Finance winners span across 77 countries and territories, and regionally across four categories, including Africa, Asia-Pacific, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe.

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Currie Cup: Cell C Sharks XV 25 vs 26 Fidelity ADT Lions | Suzuki Griquas 24 vs 44 Airlink Pumas Rugby World Cup U20: Australia U20 12 vs 17 Italy U20 | South Africa U20 12 vs 31 Argentina U20 | England U20 48 vs 11 Fiji U20 | France U20 26 vs 27 New Zealand U20 | Wales U20 31 vs 10 Spain U20 | Ireland U20 22 vs 16 Georgia U20 Katima Mulilo: 8° | 32° Rundu: 8° | 30° Eenhana: 10° | 31° Oshakati: 9° | 28° Ruacana: 13° | 31° Tsumeb: 12° | 27° Otjiwarongo: 8° | 25° Omaruru: 8° | 24° Windhoek: 6° | 20° Gobabis: 8° | 27° Henties Bay: 12° | 18° Wind speed: 17km/h, Wind direction: SW, Low tide: 09:41, High tide: 03:38, Low Tide: 22:03, High tide: 16:09 Swakopmund: 13° | 16° Wind speed: 14km/h, Wind direction: W, Low tide: 09:39, High tide: 03:36, Low Tide: 22:01, High tide: 16:07 Walvis Bay: 12° | 18° Wind speed: 17km/h, Wind direction: W, Low tide: 09:39, High tide: 03:35, Low Tide: 22:01, High tide: 16:06 Rehoboth: 5° | 20° Mariental: 5° | 20° Keetmanshoop: 5° | 15° Aranos: 5° | 23° Lüderitz: 12° | 16° Ariamsvlei: 7° | 13° Oranjemund: 12° | 16° Luanda: 20° | 22° Gaborone: 7° | 26° Lubumbashi: 11° | 30° Mbabane: 6° | 27° Maseru: 1° | 18° Antananarivo: 9° | 25° Lilongwe: 14° | 28° Maputo: 13° | 28° Windhoek: 6° | 20° Cape Town: 10° | 15° Durban: 9° | 23° Johannesburg: 8° | 18° Dar es Salaam: 23° | 29° Lusaka: 14° | 28° Harare: 12° | 25° Currency: GBP to NAD 23.23 | EUR to NAD 19.68 | CNY to NAD 2.5 | USD to NAD 18.16 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.32 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.16 | USD to AOA 871.26 | USD to BWP 13.56 | USD to EGP 47.96 | USD to KES 127.98 | USD to NGN 1515.35 | USD to ZAR 18.23 | USD to ZMW 24.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1791.53 Down -0.7% | Casablanca Stock Exchange (CSE) MASI 13367.73 Up +0.54% | Egyptian Exchange (EGX) 30 Index 28364.79 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9380.4 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 391.62/OZ UP +1.48% | Copper US$ 4.67/lb UP +2.36% | Zinc US$ 3 017.00/T UP 0.01% | Brent Crude Oil US$ 87.46/BBP DOWN -0.0079 | Platinum US$ 1 027.76/OZ UP +2.82% Sport results: Currie Cup: Cell C Sharks XV 25 vs 26 Fidelity ADT Lions | Suzuki Griquas 24 vs 44 Airlink Pumas Rugby World Cup U20: Australia U20 12 vs 17 Italy U20 | South Africa U20 12 vs 31 Argentina U20 | England U20 48 vs 11 Fiji U20 | France U20 26 vs 27 New Zealand U20 | Wales U20 31 vs 10 Spain U20 | Ireland U20 22 vs 16 Georgia U20 Weather: Katima Mulilo: 8° | 32° Rundu: 8° | 30° Eenhana: 10° | 31° Oshakati: 9° | 28° Ruacana: 13° | 31° Tsumeb: 12° | 27° Otjiwarongo: 8° | 25° Omaruru: 8° | 24° Windhoek: 6° | 20° Gobabis: 8° | 27° Henties Bay: 12° | 18° Wind speed: 17km/h, Wind direction: SW, Low tide: 09:41, High tide: 03:38, Low Tide: 22:03, High tide: 16:09 Swakopmund: 13° | 16° Wind speed: 14km/h, Wind direction: W, Low tide: 09:39, High tide: 03:36, Low Tide: 22:01, High tide: 16:07 Walvis Bay: 12° | 18° Wind speed: 17km/h, Wind direction: W, Low tide: 09:39, High tide: 03:35, Low Tide: 22:01, High tide: 16:06 Rehoboth: 5° | 20° Mariental: 5° | 20° Keetmanshoop: 5° | 15° Aranos: 5° | 23° Lüderitz: 12° | 16° Ariamsvlei: 7° | 13° Oranjemund: 12° | 16° Luanda: 20° | 22° Gaborone: 7° | 26° Lubumbashi: 11° | 30° Mbabane: 6° | 27° Maseru: 1° | 18° Antananarivo: 9° | 25° Lilongwe: 14° | 28° Maputo: 13° | 28° Windhoek: 6° | 20° Cape Town: 10° | 15° Durban: 9° | 23° Johannesburg: 8° | 18° Dar es Salaam: 23° | 29° Lusaka: 14° | 28° Harare: 12° | 25° Economic Indicators: Currency: GBP to NAD 23.23 | EUR to NAD 19.68 | CNY to NAD 2.5 | USD to NAD 18.16 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.32 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.16 | USD to AOA 871.26 | USD to BWP 13.56 | USD to EGP 47.96 | USD to KES 127.98 | USD to NGN 1515.35 | USD to ZAR 18.23 | USD to ZMW 24.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1791.53 Down -0.7% | Casablanca Stock Exchange (CSE) MASI 13367.73 Up +0.54% | Egyptian Exchange (EGX) 30 Index 28364.79 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9380.4 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 391.62/OZ UP +1.48% | Copper US$ 4.67/lb UP +2.36% | Zinc US$ 3 017.00/T UP 0.01% | Brent Crude Oil US$ 87.46/BBP DOWN -0.0079 | Platinum US$ 1 027.76/OZ UP +2.82%