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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 ...
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 (Lisbon)
Lazarus Shinyemba Ipangelwa was a prominent Namibian businessman and former Chief Executive Officer of First National Bank (Namibia), born on 20 June 1955 in Omagongati, Oshana Region. Ipangelwa became the first local black person to head a commercial bank in Namibia when he was appointed in March 2003.
The FirstRand Group was established in 1998, by the merger of First National Bank of South Africa, Rand Merchant Bank and Momentum Insurance & Asset Management. FirstRand is listed as a "locally controlled bank" by the South African Reserve Bank , the national banking regulator. [ 8 ]
Banking in Namibia started in June 1906, when German colonists formed the Deutsche Afrika Bank, which would become the First National Bank of Namibia.Following Namibian Independence in 1990, the Namibian banking sector came under the control of the new government which restructured the sector and created the Bank of Namibia as the central bank.
The FirstRand group's history traces back to the 1970s as an investment bank.The group as currently was established on 1 April 1998, through a merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMB Holdings (RMBH) in order to achieve the objective of a unified financial services grouping.
Bank Windhoek Limited (Bank Windhoek) is a commercial bank in Namibia, which is licensed by the Bank of Namibia (BoN) to operate in the country. It provides financial services to its clients, which include personal, commercial and Small and Medium-sized Enterprise (SME) banking and accounts.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of First National Bank of Namibia Limited and other ratings that are associated with the same analytical unit.