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Nedbank's primary market is South Africa. Nedbank also operates in five other countries in the Southern African Development Community (SADC), through subsidiaries and banks in Eswatini, Lesotho, Mozambique, Namibia and Zimbabwe, as well as offices in Ghana and Kenya. Outside Africa, Nedbank provide international financial services in the Isle of Man, Jersey, Guernsey, the United Kingdom and ...
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.
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. EBank, a bank with electronic presence but no branches, operated between 2015 and 2017. [3]
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 ]
Old Mutual also announced its Black Economic Empowerment deal in Namibia. [6] Patrick O'Sullivan became chairman of Old Mutual in 2010, succeeding Christopher Collins. [6] The same year HSBC backed away from its plan to acquire 70% of Nedbank, including Old Mutual's 53% share. [13]
Standard Bank Namibia Limited, commonly referred to as Standard Bank Namibia, is a Namibian commercial bank. It is licensed, supervised and regulated by the Bank of Namibia, the central bank and national banking regulator. [ 3] Since 19 November 2019, the stock of the holding company of this bank, going by the name Standard Bank Namibia Holdings Limited is listed on the Namibian Stock Exchange ...
Mercia Geises. Mercia Geises (born c. 1982), is a Namibian lawyer, banker, businesswoman, and corporate executive, who is the managing director and chief executive officer of Standard Bank Namibia Limited, a commercial bank, whose stock trades on the Namibian Stock Exchange and is a member of the Standard Bank Group, headquartered in South Africa.
FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; WesBank, an instalment finance provider; and Ashburton Investments, the group's asset management business.