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The Bank of Namibia was established in 1990 by the Bank of Namibia Act, 1990 (Act 8 of 1990). The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by the authority that has been given to it under an Act of the Namibian Parliament. The head of the Bank of Namibia is the Governor of the Bank of Namibia ...
Bank Windhoek Limited; First National Bank Namibia Limited, part of FirstRand Group; Standard Bank Namibia Limited, part of Standard Bank Group; Nedbank Namibia Limited, part of Nedbank Group; Bank BIC Namibia Limited, part of Angola's Banco BIC Group; Letshego Bank Namibia Limited, part of Letshego Group; Branch of Banco Privado Atlântico ...
Bank of Namibia: 262 Mio Financial Development Bank of Namibia-350 Mio Development of SMEs: Financial Diamond Board of Namibia Regulatory Electricity Control Board Regulatory Epangelo Mining-33 Mio Film Commission of Namibia Regulatory Financial Interagency Centre -45 Mio National Fishing Corporation of Namibia: Fishing quotas Commercial
Namibia gained independence from South Africa on 21 March 1990, following the Namibian War of Independence. Its capital and largest city is Windhoek, and it is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU), and the Commonwealth of Nations.
As of 1998, a report states that only 0.7% of the population had access to the Internet in Namibia. [1] A governmental conference held in Windhoek in 2009 concluded limited internet access, lack of technological infrastructure, low digital literacy, and regulatory challenges as key barriers towards economic transformation which hence was seen primarily through digitalization. [2]
The banking sector in Namibia is highly developed with modern infrastructure, such as online banking, cellphone banking etc. The Bank of Namibia (BoN) is the central bank of Namibia, according to the Namibian Constitution, is to "serve as the State’s principal instrument to control the money supply, the currency and the institutions of finance, and to perform all other functions ordinarily ...
The Namibian Financial Institutions Union (Nafinu) is a trade union in Namibia, [1] [2] representing workers in the financial sector. It has its headquarters in Windhoek. It is affiliated with the National Union of Namibian Workers, the Namibian national trade union centre close to SWAPO, Namibia's ruling political party. [3]: 23
Bank BIC Namibia Limited (Bank BIC Namibia) is a commercial bank in Namibia. It is licensed by the Bank of Namibia (BoN), to operate and trade in the country. [3] The bank is a subsidiary of the Bank BIC Group, a financial services conglomerate based in Angola, with banking subsidiaries in Angola, Portugal, Cape Verde and Namibia, and with a representative office in South Africa.