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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 ...
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 (Lisbon)
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.
The FirstRand Group was established in 1998, by the merger of First National Bank of South Africa, Rand Merchant Bank and Momentum Insurance & Asset Management. FirstRand is listed as a "locally controlled bank" by the South African Reserve Bank , the national banking regulator. [ 8 ]
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