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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.
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.
Letshego Bank Namibia is a 100 percent subsidiary of Letshego Holdings Namibia Limited (LHN). The shares of the stock of Letshego Holdings Namibia Limited are traded on the NSX, under the symbol: LNH. As at December 2022, the shareholding in the group's stock was as depicted in the table below: [5]
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]
This page was last edited on 21 December 2024, at 03:47 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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The bank began its operations in 2004. The main objective of DBN is to promote and finance development in those sectors of the economy which support development and the welfare of the citizens of the country.
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 .