Development Bank of Namibia
| Parastatal | |
| Industry | Finance |
| Founded | 2004 |
| Headquarters | Windhoek, Namibia |
Key people |
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| Products |
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| Revenue |
 Aftertax:US$3.216 million (NAD:35.3 million) (2011) |
| Total assets | US$146.01 million (NAD:1.602+ billion) (2011) |
| Owner | Government of Namibia |
| Website | Homepage |
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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 August 2013, the following constituted the Board of Directors of the Development Bank OF Namibia:[3]
- Penny Akwenye: Chairperson
- Tabitha Mbome
- Muetulamba Shingenge-Haipinge
- Emma Haiyambo
- Albie Basson
- Justus Hausiku
- Martin Inkumbi: Chief Executive Officer
See also
References
- ↑ "2013 Annual Report" (PDF). Development Bank of Namibia. Retrieved 5 December 2014.
- ↑ Audited 31 December 2011 Financial Report
- ↑ Members of The Board of Directors
External links
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