Trustco Bank Namibia rises to the occasion Nghidipo Nangolo Thursday, August 28, 2014 - 08:00 Off the Desk Trustco Group Holdings (TGH) has once more validated its unwavering confidence in the socio-economic wellbeing of the country and its people with the acquisition of Fides Bank. Fides Bank, now to be known as Trustco Bank Namibia, will revitalise the group’s assertion to give a lifeline impetus to the citizenry in education, financing, entrepreneurship and saving. The Bank should be viewed in the foresight of the managing director of TGH, Quinton van Rooyen, who, over the last 20 years, has created vehicles that have added value to tens of thousands of people who have so far, and continue to benefit from the Institute of Open Learning (IOL), variable short- and long-term insurance services and micro-finance products. Trustco Bank Namibia will be no different in groundbreaking, pro-poor technological innovations that would revolutionise how the downtrodden will access banking services. Trustco Bank would not be a new ‘banking-conqueror’, but would in essence complement the services of the existing commercial banks, by expanding the scope of banking services and creating opportunities that would make every citizen bankable. The new bank would be on a streak of a unique partnership that will focus on a shared passion for monetary growth that will directly and indirectly convey the less fortunate into the mainstream economy. It’s a noble resolution that will back the acceleration of economic development, subsequently creating wealth in the long run. For Trustco Bank, cutting-edge advances in mobile technology, amongst other banking and finance avenues, motivates the acknowledgement that more must and should be done to alleviate poverty and give opportunities where none existed, for the common good for all Namibians. TGH, through its bank, would create opportunities for all Namibians to exploit banking services that match their economic level and give leeway to those that wish to take their micro-business ventures to new heights and secure their economic survival in future. Trustco Bank is one of the most significant acquisitions of TGH that will cement the smart partnership between the company, shareholders and clients, to create synergies that will transform economic inequities and contribute to the overall economic prosperity of the country.
Posted on: Thu, 28 Aug 2014 07:25:50 +0000