Harman Patil (Editor)

Development Bank of Namibia

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Parastatal

Headquarters
  
Founded
  
2004

Industry
  
Owner
  
Government of Namibia

Key people
  
Tania Hangula (Chairperson)Martin Inkumbi (Chief Executive Officer)

Products
  
LoansEquity PartnershipsFinancial Advisory ServicesManagement ServicesExport/Import Finance

Revenue
  
Aftertax:US$3.216 million (NAD:35.3 million) (2011)

Total assets
  
US$146.01 million (NAD:1.602+ billion) (2011)

Development bank of namibia s ceo martin inkumbi


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

Contents

David nuyoma development bank of 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)

Board of directors

As of January 2016, the following individuals constituted the Board of Directors of the Development Bank OF Namibia:

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

    Development Bank of Namibia Wikipedia


    Similar Topics