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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.
Bank Windhoek was founded in 1982 when a group of entrepreneurs, led by Koos Brandt, took over eight local branches of the Volkskas Bank. [8] The bank opened its first branch in Karasburg the same year it was founded. [9] In 1990, the bank merged with Boland Bank and Trust Bank, and opened a branch in Walvis Bay. [10]
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 ]
Windhoek, Namibia to Johannesburg, South Africa Before 1992: 011 xxx xxxx After 1992: 00 27 11 xxx xxxx [3] Johannesburg, South Africa to Windhoek, Namibia Before 1992: 061 xxx xxx After 1992: 09 264 61 xxx xxx [4] After Jan 2007: 00 26461 xxx xxx [5]
Windhoek: 1989 Fishing P A Development Bank of Namibia: Financials Banks Windhoek: 2004 State bank S A FIDES Bank Namibia: Financials Banks Ongwediva: 2010 Commercial bank P A Gazza Music Productions: Consumer services Broadcasting & entertainment Windhoek: 2004 Music label P A Kalahari Express Airlines: Consumer services Airlines Windhoek ...
The bank is located in the capital, Windhoek. 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.
First Rand is listed as a "locally controlled bank" by the South African Reserve Bank, the national banking regulator. [10] As of May 2012 [update] , the group had total assets valued at US$90.3+ billion (ZAR:698 billion) (2011) [ 11 ] with subsidiaries in seven sub-Saharan countries and in Australia and India .
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:1.583 billion) [2] Leadership