Development Bank of Namibia

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Development Bank of Namibia
TypeParastatal
IndustryFinance
Founded2004
Headquarters,
Namibia
Key people
Products
  • Loans
  • Equity Partnerships
  • Financial Advisory Services
  • Management Services
  • Export/Import Finance
RevenueIncreaseAftertax:US$3.216 million (NAD:35.3 million) (2011)
Total assetsUS$146.01 million (NAD:1.602+ billion) (2011)
OwnerGovernment of Namibia
WebsiteHomepage
Footnotes / references
Headquarters[1]:22

Development Bank of Namibia (DBN) is a government-owned development bank in Namibia.

Overview[]

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. 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]

Board of directors[]

As of January 2016, the following individuals constituted the board of directors of the Development Bank OF Namibia:[3]

  • Tania Hangula: Chairperson
  • Tabitha Mbome
  • Muetulamba Shingenge-Haipinge
  • Emma Haiyambo
  • Albie Basson
  • Justus Hausiku
  • Martin Inkumbi: Chief Executive Officer

See also[]

References[]

  1. ^ "2013 Annual Report" (PDF). Development Bank of Namibia. Retrieved 5 December 2014.[permanent dead link]
  2. ^ "Audited 31 March 2011 Financial Report". Archived from the original on 22 February 2014. Retrieved 13 February 2014.
  3. ^ "Annual Reports". www.dbn.com.na. Retrieved 2017-08-17.

External links[]


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