First National Bank (Namibia), commonly referred to as FNB Namibia, is

Namibia Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and ea ...

largest commercial bank and, according to

The Banker ''The Banker'' is an English-language monthly international financial affairs publication owned by ''The Financial Times'' Ltd. and edited in London, United Kingdom. The magazine was first published in January 1926 through founding Editor, Brend ...

magazine of London, Namibia's best bank for the fifth consecutive year. The financial institution has its headquarters located in

Windhoek Windhoek (, , ) is the capital and largest city of Namibia. It is located in central Namibia in the Khomas Highland plateau area, at around above sea level, almost exactly at the country's geographical centre. The population of Windhoek in 20 ...

Independence Avenue. It is one of the eleven commercial banks licensed to operate in the country by the Bank of Namibia (the national banking regulator) and the first

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...

created in the country before

independence Independence is a condition of a person, nation, country, or state in which residents and population, or some portion thereof, exercise self-government, and usually sovereignty, over its territory. The opposite of independence is the statu ...

. and follows international standard in Banking and Finance.

History

FNB Namibia was founded as ''Deutsche Afrika Bank'' (DAB) in 1907, and in 1915 the

National Bank of South Africa First National Bank (FNB; af, Eerste Nasionale Bank (ENB)) is one of South Africa's " big four" banks. It is a division of FirstRand, a large financial services conglomerate, which trades on the Johannesburg Securities Exchange (JSE), under th ...

took over the assets of DAB which was in 1926 integrated with