Development Bank of Namibia
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (December 2016) |
| Company type | Parastatal |
|---|---|
| Industry | Finance |
| Founded | 2004 |
| Headquarters | , Namibia |
Key people | John Mbango (Interim CEO) |
| Products |
|
| Revenue | Increase After tax: 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 |
| Footnotes / references Headquarters[1]: 22 | |
The Development Bank of Namibia (DBN) is a state owned development bank in Namibia.
Overview
[edit | edit source]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)[2]
Leadership
[edit | edit source]The Development Bank of Namibia is led by a chief executive officer who is part of the board of directors. CEOs of the DBN have been:
- Martin Inkumbi (until 2023)[3]
- John Steytler (2023–2025)[4][5]
With the resignation of John Steytler as CEO in March 2025, John Mbango was appointed interim CEO.[5]
See also
[edit | edit source]References
[edit | edit source]- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).[permanent dead link]
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
External links
[edit | edit source]
Lua error in Module:Authority_control at line 153: attempt to index field 'wikibase' (a nil value).