The Bank that keeps Mov­ing For­ward with Ba­sotho

Lesotho Times - - Business -

In line with the na­tional pri­or­i­ties out­lined in the Na­tional Strate­gic De­vel­op­ment Plan and the Sus­tain­able De­vel­op­ment Goals (SDGS) out­lined by the United

Na­tions, Stan­dard Le­sotho Bank has com­mit­ted to move for­ward with Ba­sotho by sup­port­ing key na­tional pri­or­i­ties in the ar­eas of education, health and wel­fare, arts as well as sports and recre­ation. A proud cor­po­rate

ci­ti­zen, the bank an­nu­ally in­vests over M2 mil­lion di­rectly to na­tion build­ing ini­tia­tives through var­i­ous spon­sor­ships and char­i­ta­ble cour­ses

that are sup­ported at cor­po­rate level and by our own staff.

Staff driven Ini­tia­tives

We are proud of each and ev­ery­one one of our 682 staff be­cause

they are all fully be­hind ini­tia­tives that build the com­mu­ni­ties they serve. It is through the in­flu­ence of our staff that the bank de­vel­oped the Bank@work pro­ject where staff do­nate their

time to make a pos­i­tive con­tri­bu­tion to so­ci­ety. For the se­cond year run­ning, staff have do­nated items of

sta­tionery, uni­forms and food through the ‘Back to School’ cam­paign. Through Bank@work, our staff have built homes for dou­ble or­phans in as­so­ci­a­tion with

Habi­tat for Hu­man­ity Le­sotho. They have cleaned and painted po­lice sta­tions and even adopted or­phans with their in­di­vid­ual con­tri­bu­tions to pay for th­ese

chil­dren’s tu­ition and food ev­ery year.


To bol­ster the education of our fu­ture lead­ers, the bank re­wards stu­dents who demon­strate ex­cel­lence and in­no­va­tion in their stud­ies. The bank con­tin­ues to sup­port the Min­istry of Education and Train­ing with awards for top 10 stu­dents in JC and COSC through­out the coun­try. The bank also spon­sors awards for best per­form­ers in ter­tiary in­sti­tu­tions such as the Na­tional Univer­sity of Le­sotho, Cen­ter for Ac­count­ing Stud­ies, Lerotholi Polytechnic and many oth­ers. Over the years, the bank has also sup­ported the an­nual Sci­ence and Tech­nol­ogy week to pro­mote sci­en­tific in­no­va­tion and learn­ing in Le­sotho. In an on­go­ing part­ner­ship with Nalane In­cor­po­rated, the bank is in­volved in an af­ter school pro­ject that of­fers re­me­dial tu­ition and feed­ing for dis­ad­van­taged pri­mary school stu­dents val­ued at M100,000 per an­num.

IHealth & Wel­fare

The bank sup­ports a num­ber of health and wel­fare ini­tia­tives geared to­wards help­ing the needy, es­pe­cially dis­abled and vul­ner­a­ble chil­dren. It also con­trib­utes sig­nif­i­cantly to­wards health and well­ness within com­mu­ni­ties. A num­ber of or­phan­ages in­clud­ing Beau­ti­ful Gate, Phe­lisanong, and SOS re­ceive var­i­ous do­na­tions from Stan­dard Le­sotho Bank each year. In De­cem­ber 2015, the bank started a new part­ner­ship with Le­sotho Med­i­cal Stu­dents As­so­ci­a­tion, where we sup­ported Le­sotho’s fu­ture doc­tors as they pro­vided free ba­sic health ser­vices for our com­mu­ni­ties in Thaba Tseka and Maseru.


At Stan­dard Le­sotho Bank, we be­lieve in home­grown so­lu­tions to build the econ­omy of Le­sotho. That is why as a bank we gen­er­ously sup­port na­tional ef­forts to nur­ture and grow the wool and mohair in­dus­try. We have a long term com­mit­ment to wool and mohair farm­ers where we sup­port the an­nual wool and mohair district shows to en­cour­age Ba­sotho farm­ers to im­prove the qual­ity of their an­i­mals. Last year, the bank part­nered with BEDCO and LRA to es­tab­lish Bacha En­trepreneur­ship Pro­ject, where un­em­ployed grad­u­ates were given an op­por­tu­nity to start their own busi­nesses with a com­bined start-up cap­i­tal of M500,000.

Stan­dard Le­sotho Bank also sup­ports arts, sports and recre­ation as the main spon­sors of many ac­tiv­i­ties that bring joy to our peo­ple. Such in­clude the an­nual Le­sotho Tourism Fes­ti­val (LETOFE), the African Melody Fes­ti­val and the In­de­pen­dence Cup to name a few.

Deeply rooted in the moun­tains and val­leys of the King­dom, Stan­dard Le­sotho Bank lives up to its com­mit­ment to re­main a proudly Ba­sotho bank. We are the bank that un­der­stands de­vel­op­ment and eco­nomic growth in the lan­guage and con­text of Ba­sotho as a na­tion. We love what the na­tion loves and live how Ba­sotho live be­cause this is how to move this coun­try for­ward.

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