Baronice Hans

Bank Windhoek turns 40 years

Bank Windhoek turns 40 years

Martin Endjala Leading financial institution Bank of Windhoek has been a pivotal cog in the financial sector and has been flying the Namibian flag both national and internationally with its footprints. Today marks the 40th birthday of this Namibian bank, which was launch in April 1982. As a wholly owned Namibian financial services provider, the bank is catering for the needs of Namibia and its people. Bank Windhoek plays a critical role in the economy. It employs about 1,561 Namibians with a branch footprint of 53 and 149 Automatic Teller Machines. The Bank also supports various communities in which it…
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Bank Windhoek ranks best bank

Bank Windhoek ranks best bank

Staff Writer PSG Namibia’s 2020 Banking Review has again ranked Bank Windhoek as the Best Bank in the country for the second consecutive year. The PSG Banking Review study provides a detailed time series and financial ratio analysis between banks in Namibia, South Africa, Botswana, and Zambia. The ranking system consisted of six categories: profitability, cost efficiency, credit risk, advance growth, market share, and capital adequacy. In the Namibian bank's category, Bank Windhoek outperformed in five categories, leading to best rate amongst the major financial institutions in Namibia. The Review stated that financial ratios were based on the most recent…
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Shiimi applauds private sector COVID-19 efforts

Shiimi applauds private sector COVID-19 efforts

Staff Writer Finance Minister, Iipumbu Shiimi, said that he is content with the response he has seen from all Namibians from both the private and public sector who continue to embark on fighting COVID-19 as a united front. He said this during the Capricorn Group/EY 2020 Budget Review Discussion, an online live social media broadcast focused on discussing and reviewing Namibia’s 2020/2021 Budget recently tabled in the National Assembly. “The pandemic's impact is something we have never seen before, and as a result, it requires a united front,” said Shiimi. Bank Windhoek's Managing Director (MD), Baronice Hans, echoed Shiimi’s sentiments.…
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