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Standard Bank Namibia Limited, commonly referred to as Standard Bank Namibia, is a Namibian commercial bank.It is licensed, supervised and regulated by the Bank of Namibia, the central bank and national banking regulator. [3]
This page was last edited on 21 December 2024, at 03:46 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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.
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.
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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.
In 1992 the bank acquired the operations of ANZ Grindlays Bank in eight African countries. Most of the newly acquired banks were renamed Stanbic Bank, to avoid confusion with the former parent (and now competitor), Standard Chartered, which continued to operate in Africa. [8]
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 ...