Development Bank of Namibia
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| Company type | Parastatal |
|---|---|
| Industry | Finance |
| Founded | 2004 |
| Headquarters | First Floor, Rwenzori Towers 6 Nakasero Road, Nakasero Kampala, Uganda |
Key people | Elize Angula Chairperson Martin Inkumbi Chief Executive Officer |
| Products | Loans, Equity Partnerships, Financial Advisory Services, Management Services, Export/Import Finance |
| 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 |
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[update], 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) [1]
Board of directors
As of August 2013[update], the following constituted the Board of Directors of the bank:[2]
- Elize Angula: Chairperson
- Asnake Getachew
- Muetulamba Shingenge-Haipinge
- Emma Haiyambo
- Albie Basson
- Justus Hausiku
- Martin Inkumbi: Chief Executive Officer
Management
References
External links
Currency: Namibian dollar (South African rand) | |
| Sectors | |
| Services | |
| Macroeconomics | |
| Miscellaneous | |
