FNB launches Basel III-compliant Tier 2 note

NAMPA
2024-12-13
WINDHOEK, 13 DEC (NAMPA) – First National Bank of Namibia (FNB) has issued a Basel III-compliant Tier 2 Capital Note valued at N.dollars 500 million.
RMB acted as arranger for the issuance, which falls under FNB Namibia’s NSX-listed Domestic Medium-Term Note (DMTN) Programme.
The issuance represents the first Basel III-compliant note to be placed in the Namibian market.
Total bids reached N.dollars 725 million from 10 investors, leading to the...
Restricted content

Latest NAMPA photos

KEETMANSHOOP, 03 April 2026 - Battle for the ball between Kavango West players Andreas Ndara, Mikka Kapanda (in red) and ||Kharas player Johan Vries during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - Battle for the ball between Kavango West players Andreas Ndara, Mikka Kapanda (in red) and ||Kharas player Johan Vries during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - ||Kharas player Johan Kooper during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match with Kavango West in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - ||Kharas player Johan Kooper during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match with Kavango West in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - ||Kharas team captain Johan Vries during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match with Kavango West in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - ||Kharas team captain Johan Vries during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match with Kavango West in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - Action between Kavango West player Fredy Kupembona (in red) and a ||Kharas player (in light blue) during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - Action between Kavango West player Fredy Kupembona (in red) and a ||Kharas player (in light blue) during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - ||Kharas team captain Johan Vries during their clash with Kavango West during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - ||Kharas team captain Johan Vries during their clash with Kavango West during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - Action between Kavango West player Gideon Kayundu (in red) and ||Kharas player Johan Kooper during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - Action between Kavango West player Gideon Kayundu (in red) and ||Kharas player Johan Kooper during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - Action between Kavango West player Gideon Kayundu (in red) and ||Kharas player Johan Kooper during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - Action between Kavango West player Gideon Kayundu (in red) and ||Kharas player Johan Kooper during the 24th edition of the Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. The opening match between the two sides in Group B, ended 2-1 in favour of ||Kharas. (Photo by: Hesron Kapanga) NAMPA

NAMPA
KEETMANSHOOP, 03 April 2026 - An Ohangwena player while in action during their encounter with Oshikoto during their opening match of the 24th edition of the Nedbank Newspaper Cup in Keetmanshoop. The match ended 4-1 in favour of Oshikoto. (Photo by: Hesron Kapanga) NAMPA

KEETMANSHOOP, 03 April 2026 - An Ohangwena player while in action during their encounter with Oshikoto during their opening match of the 24th edition of the Nedbank Newspaper Cup in Keetmanshoop. The match ended 4-1 in favour of Oshikoto. (Photo by: Hesron Kapanga) NAMPA

NAMPA