Banking

DBN seeks coastal opportunities

5 hours ago | Banking

The Development Bank of Namibia's Erongo portfolio manager, Simeon Kahona, says the bank is seeking opportunities to finance business development in the Erongo Region.In terms of the bank's additional focus on infrastructure and business projects,...

Kwanza agreement to be settled earlier

1 day - 23 March 2017 | Banking

The Namibian central bank and its Angolan counterpart have agreed to shorten the repayment time of their currency-exchange agreement, with the last payment scheduled for June 2018.The Bank of Namibia (BoN) and Banco Nacional de...

Baronice Hans takes helm at BAN

2 days ago - 22 March 2017 | Banking

STAFF REPORTERThe Bankers Association of Namibia (BAN) has announced the appointment of Bank Windhoek managing director Baronice Hans as its chairperson. Hans was elected to serve a one-year term commencing 1 April 2017.Hans will be...

FNB strengthens board

1 week ago - 15 March 2017 | Banking

Jantje Daun has joined the FNB Namibia Bank and Holdings boards as non-executive director from 1 March 2017.Daun is a chartered accountant with over 18 years of local and international experience. She currently works in...

BoN refuses to budge

1 week ago - 14 March 2017 | Banking

Despite a demand from lawyers representing the under-fire SME Bank board and management to have the Bank of Namibia reverse its decision to place the SME Bank under curatorship, the central bank remains unmoved.The Bank...

Bank Windhoek appoints Viljoen as HR executive

1 week ago - 14 March 2017 | Banking

Bank Windhoek has appointed Stephanie Viljoen as its executive officer: human resources with effect 1 March 2017.Viljoen, a Namibian by birth, joins Bank Windhoek after...

Namibians can fill strategic banking posts – NBWU

2 weeks ago - 09 March 2017 | Banking

OGONE TLHAGEThe investment debacle at the SME Bank has infuriated Moses Mamba of the Namibia Bank Workers Union (NBWU), who called a press conference to...

Bank Windhoek launches EasyWallet

2 weeks ago - 07 March 2017 | Banking

STAFF REPORTER Bank Windhoek has announced its latest digital channel offering - the Bank Windhoek EasyWallet, joining the e-money fraternity...

DTA’s Smit rips into SME Bank debacle

2 weeks ago - 07 March 2017 | Banking

OGONE TLHAGEDTA secretary for finance Nico Smit says the suspension of the SME Bank’s board, CEO and two other managers because of dubious investments brought...

Bank Windhoek appoints new branch managers

2 weeks ago - 06 March 2017 | Banking

Bank Windhoek recently appointed Johanna Ashipala as its Oshakati branch's new branch manager. Ashipala takes over from Aloysius Garoeb, who was earlier promoted to regional...

No forex malfeasance at Standard Bank, says CEO

2 weeks ago - 06 March 2017 | Banking

Standard Bank South Africa's CEO, Sim Tshabalala, says the bank is not setting aside any cash for a potential Competition Tribunal fine for alleged collusion...

Unethical currency trading draws attention

3 weeks ago - 03 March 2017 | Banking

Recently, the Competition Commission of South Africa revealed that it was investigating claims of collusion in the financial sector. Seventeen commercial banks were implicated in...

Banking

Dubious SME Bank investments laid...

3 weeks ago - 02 March 2017 | Banking

OGONE TLHAGEOnce championed by President Hage Geingob, the SME Bank has been placed under curatorship because of questionable investment in South African financial instruments.Implicated in...

BoN takes part in Banknotes...

3 weeks ago - 02 March 2017 | Banking

NAMPAThe Bank of Namibia (BoN) is taking part in the World Banknotes Summit 2017, where it will discuss how the technical specifications of the paper...

Capricorn embarks on digital drive

3 weeks ago - 01 March 2017 | Banking

STAFF REPORTERWith non-bank competitors aggressively encroaching on their space, retail banks are under pressure to adapt to an increasingly connected consumer base, or risk losing...

SA banks in currency rigging...

3 weeks ago - 28 February 2017 | Banking

South Africa's central bank wants commercial lenders involved in the rand currency rigging scandal to be held accountable, deputy governor Daniel Mminele said on Friday.South...

Gimme all your money

4 weeks ago - 22 February 2017 | Banking

Innovation in the banking sector can be accompanied by threats of online banking fraud across the world and southern Africa is no exception. Given...

FNB half-year results good

1 month - 21 February 2017 | Banking

FNB Namibia Holdings' half-year results were released this week in the context of an embattled economy. Previously flourishing on pro-cyclical fiscal spending and foreign...

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