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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. Commercial banks with a banking license are: [4] Banco Privado Atlántico Namibia; Bank BIC 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 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.
The Bank of Namibia was established in 1990 [2] by the Bank of Namibia Act, 1990 (Act 8 of 1990). [3] The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by 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.
The Development Bank of Namibia (DBN) is a state owned development bank in Namibia. ... Martin Inkumbi (until 2023) [3] John Steytler (2023–) [4] See also.
It is licensed, supervised and regulated by the Bank of Namibia, the central bank and national banking regulator. [3] Since 19 November 2019, the stock of the holding company of this bank, going by the name Standard Bank Namibia Holdings Limited is listed on the Namibian Stock Exchange (NSX), where it trades under the symbol SNO .
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]
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 ...