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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.
Licensed commercial banks in Namibia are: [ 1] Bank Windhoek Limited. First National Bank Namibia Limited. Nedbank Namibia Limited. Standard Bank Namibia Limited. Trustco Bank Namibia Limited [ 2] Banco Atlantico. Bank BIC Namibia Limited. Letshego Bank Namibia Limited.
US$93 billion (ZAR:1217.7 billion) (2017) [ 1] Number of employees. 44,916 (2017) Website. www .firstrand .co .za. FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of ...
FNB is one of the three major divisions of the FirstRand Group, and the others being Rand Merchant Bank and Wesbank. First National Bank maintains banking subsidiaries which it owns wholly or in part, in Botswana, Mozambique, Namibia, South Africa, Eswatini, Tanzania, Zambia, Ghana, India, Lesotho and Guernsey.
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 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. [139] Namibia's economy is characterised by a ...
Crédit Du Senegal (CDS), Attijariwafa Bank Group. Crédit International (CI), Crédit Libanais Group. Ecobank. First Bank of Nigeria (FBN) La Banque Outarde (LBO) NSIA Bank, previously known as Diamond Bank. Orabank, part of Oragroup [ 85] Société Générale de Banques au Senegal (SGBS), Société Générale Group.
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] The Bank of Namibia is the only institution that is ...