This Business Unit focuses on the delivery of affordable financial services to all Namibians. It offers an affordable SmartCard Savings Account to any Namibian, using secure, top-of-the-range finger-print biometric technology.
Savings bank offers a wide range of competitive Investment products such as Fixed-Term-Deposits, Call Account, Notice Accounts and Save-As-You-Earn accounts.
In addition, we offer value-added products such as funeral cover to our SmartCard clients. SmartCard clients, will also access loan-funding from PostFin via the Postal Infrastructure. Every Post Office country-wide is also a Savings Bank branch. We also have Point of Sales machines in different retail shops country-wide, where the SmartCard holder can make use of his/her SmartCard to transact.
Saving Bank introduced the Tourism SmartCard during 2007. Tourism is one of the main streams in Namibia. One of the main challenges for the Tourist is that he/she is most of the time compelled to use cash. This poses a risk to him as the cash can encourage unwanted attention and can get lost or stolen.