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FNB Namibia was founded as Deutsche Afrika Bank (DAB) in 1907, and in 1915 the National Bank of South Africa took over the assets of DAB which was in 1926 integrated with Barclays Bank. Barclays Bank changed the name of the South African operation to Barclays National Bank Limited in 1971, and later to First National Bank of Southern Africa.
Namibia (/ n ə ˈ m ɪ b i ə / ⓘ, / n æ ˈ-/), officially the Republic of Namibia, is a country in Southern Africa.Its western border is the Atlantic Ocean.It shares land borders with Angola and Zambia to the north, Botswana to the east and South Africa to the east and south.
Namibia is a higher-middle-income country with an annual GDP per capita of N$79,431 in 2022, but has extreme inequalities in income distribution and standard of living. [10] It has the second-highest Gini coefficient out of all nations, with a coefficient of 59.1 as of 2015. [11] Only South Africa has a higher Gini coefficient. [12]
Bank Windhoek Limited. First National Bank Namibia Limited. Nedbank Namibia Limited. Standard Bank Namibia Limited. Trustco Bank Namibia Limited [2] Banco Atlantico. Bank BIC Namibia Limited. Letshego Bank Namibia Limited. EBank, a bank with electronic presence but no branches, operated between 2015 and 2017. [3]
Banks. Banking in Namibia is regulated by the Namibia Financial Institutions Supervisory Authority (NamFISA), an organisation of government. [3] The Bank of Namibia functions as the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. The bank is located in the capital, Windhoek.
The main objective of DBN is to promote and finance development in those sectors of the economy which support development and the welfare of the citizens of the country. As of December 2011, the total asset valuation of the bank was in excess of US$146 million (NAD:1.602 billion), with shareholders equity of approximately US$144.3 million (NAD ...
Website. www .bon .com .na. The Bank of Namibia ( BoN) is the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. It is located in the capital city of Windhoek. The Bank of Namibia was established in 1990 [2] by the Bank of Namibia Act, 1990 (Act 8 of 1990). [3]
Number of employees. 44,916 (2017) Website. www .firstrand .co .za. FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. [2]