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Bank of Namibia

January 01, 1970

The Bank of Namibia (BoN) is the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. It is located in the capital city of Windhoek. The Bank of Namibia was established in 1990[2] by the Bank of Namibia Act, 1990 (Act 8 of 1990).[3] The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by authority that has been given to it under an Act of the Namibian Parliament. The head of the Bank of Namibia is the Governor of the Bank of Namibia.

Bank of Namibia
Logo of the Bank of Namibia
HeadquartersRobert Mugabe Avenue, Windhoek, Khomas Region, Namibia
Established9 July 1990; 33 years ago (1990-07-09)
Ownership100% state ownership[1]
GovernorJohannes !Gawaxab
Central bank ofNamibia
CurrencyNamibian dollar
NAD (ISO 4217)
Reserves1 680 million USD[1]
Bank rate4.25%
Preceded bySouth African Reserve Bank
Websitewww.bon.com.na

Governors edit

The Governors to date have been:[4]

This list is complete and up to date as of May 2020.
  • Wouter Bernard (16 June 1990 - 31 August 1991)[5]
  • Erik Lennart Karlsson (1 September 1991 - 31 December 1993)[5]
  • Jaafar bin Ahmad (1 January 1994 - 31 December 1996)[5]
  • Tom Alweendo (1 January 1997 - 25 March 2010)[6]
  • Ipumbu Shiimi (25 March 2010 - 1 June 2020)[7]
  • Johannes !Gawaxab (1 June 2020 - present)[8]

The bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.[9] On March 5, 2012, the Bank of Namibia announced it would be making specific commitments to financial inclusion under the Maya Declaration.

See also edit

References edit

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ Sherbourne, Robin. Guide to the Namibian Economy 2013/14. Institute for Public Policy Research, Namibia. p. 14. ISBN 978-99945-78-14-6.
  3. ^ "Bank of Namibia Act, 1990". Government Gazette of the Republic of Namibia. No. 42. 9 July 1990.
  4. ^ . Archived from the original on 2020-09-18. Retrieved 2020-04-15.
  5. ^ a b c Cuhaj, George S. (2011). Standard Catalog of World Paper Money. ISBN 978-1-4402-1584-1.
  6. ^ Tom Alweendo Namibia Institute for Democracy June 11, 2011, at the Wayback Machine
  7. ^ . www.bon.com.na. Archived from the original on 2 February 2017. Retrieved 20 September 2016.
  8. ^ "- The Namibian".
  9. ^ "Namibia. Member Map". Alliance for Financial Inclusion. Retrieved 20 October 2016.

External links edit

  • Official website

January 01, 1970
bank, namibia, central, bank, namibia, whose, establishment, enshrined, article, namibian, constitution, located, capital, city, windhoek, established, 1990, 1990, 1990, only, institution, that, permitted, issue, namibian, dollar, authority, that, been, given,. The Bank of Namibia BoN is the central bank of Namibia whose establishment is enshrined in Article 128 of the Namibian Constitution It is located in the capital city of Windhoek The Bank of Namibia was established in 1990 2 by the Bank of Namibia Act 1990 Act 8 of 1990 3 The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by authority that has been given to it under an Act of the Namibian Parliament The head of the Bank of Namibia is the Governor of the Bank of Namibia Bank of NamibiaLogo of the Bank of NamibiaHeadquartersRobert Mugabe Avenue Windhoek Khomas Region NamibiaEstablished9 July 1990 33 years ago 1990 07 09 Ownership100 state ownership 1 GovernorJohannes GawaxabCentral bank ofNamibiaCurrencyNamibian dollarNAD ISO 4217 Reserves1 680 million USD 1 Bank rate4 25 Preceded bySouth African Reserve BankWebsitewww wbr bon wbr com wbr na Contents 1 Governors 2 See also 3 References 4 External linksGovernors editThe Governors to date have been 4 This list is complete and up to date as of May 2020 Wouter Bernard 16 June 1990 31 August 1991 5 Erik Lennart Karlsson 1 September 1991 31 December 1993 5 Jaafar bin Ahmad 1 January 1994 31 December 1996 5 Tom Alweendo 1 January 1997 25 March 2010 6 Ipumbu Shiimi 25 March 2010 1 June 2020 7 Johannes Gawaxab 1 June 2020 present 8 The bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion 9 On March 5 2012 the Bank of Namibia announced it would be making specific commitments to financial inclusion under the Maya Declaration See also edit nbsp Banks portal Namibian dollar Economy of Namibia List of central banks of Africa List of central banksReferences edit a b Weidner Jan 2017 The Organisation and Structure of Central Banks PDF Katalog der Deutschen Nationalbibliothek Sherbourne Robin Guide to the Namibian Economy 2013 14 Institute for Public Policy Research Namibia p 14 ISBN 978 99945 78 14 6 Bank of Namibia Act 1990 Government Gazette of the Republic of Namibia No 42 9 July 1990 Bank of Namibia Previous Governors of the Bank of Namibia Archived from the original on 2020 09 18 Retrieved 2020 04 15 a b c Cuhaj George S 2011 Standard Catalog of World Paper Money ISBN 978 1 4402 1584 1 Tom Alweendo Namibia Institute for Democracy Archived June 11 2011 at the Wayback Machine Bank of Namibia Board members of the Bank www bon com na Archived from the original on 2 February 2017 Retrieved 20 September 2016 The Namibian Namibia Member Map Alliance for Financial Inclusion Retrieved 20 October 2016 External links editOfficial website Retrieved from https en wikipedia org w index php title Bank of Namibia amp oldid 1176981767, wikipedia, wiki, book, books, library,

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