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Standard Bank Namibia Limited is a large financial services organisation in Namibia. As of 31 December 2020, SNO had assets valued at NAD:33,309,509,000 (US ...
This is a list of commercial banks in Namibia, as updated in late 2024 by the Bank of Namibia. [1] ... Standard Bank Namibia Limited, part of Standard Bank Group;
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 ...
The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa. The bank's origins can be traced to 1862, when a group of businessmen led by the prominent South African politician John Paterson [ 5 ] [ 6 ] formed a bank in London ...
Mercia Geises (born c. 1982), is a Namibian lawyer, banker, businesswoman, and corporate executive, who is the managing director and chief executive officer of Standard Bank Namibia Limited, a commercial bank, whose stock trades on the Namibian Stock Exchange and is a member of the Standard Bank Group, headquartered in South Africa.
The Bank of Namibia (BoN) is the central bank of Namibia responsible for performing all other functions ordinarily performed by a central bank. There are five BoN authorised commercial banks in Namibia: Bank Windhoek, First National Bank, Nedbank, Standard Bank and Small and Medium Enterprises Bank. [144]
The institution has its headquarters located in Ongwediva in Oshana Region (North-Central part of Namibia).It was one of five commercial banks in 2009 [11] licensed to operate in the country by the Bank of Namibia (the national banking regulator) [12] [13] and the first microfinance bank created in the country since independence.
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 ...