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

MARIENTAL, 07 June 2026 - The Namibian Film Commission screened a series of locally produced short films in Mariental as part of its regional filmmaker engagement and film screening roadshow. (Photo by: Joe-Chintha Garises) NAMPA

MARIENTAL, 07 June 2026 - The Namibian Film Commission screened a series of locally produced short films in Mariental as part of its regional filmmaker engagement and film screening roadshow. (Photo by: Joe-Chintha Garises) NAMPA

NAMPA
NKURENKURU, 07 June 2026 - Prime Minister Elijah Ngurare and Kavango West Governor Verna Sinimbo pictured at the Nkurenkuru Expo gala dinner on Saturday. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 07 June 2026 - Prime Minister Elijah Ngurare and Kavango West Governor Verna Sinimbo pictured at the Nkurenkuru Expo gala dinner on Saturday. (Photo by: Lylie Joel) NAMPA

NAMPA
NKURENKURU, 07 June 2026 - Prime Minister Elijah Ngurare speaking at the 7th Nkurenkuru Expo gala dinner on Saturday. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 07 June 2026 - Prime Minister Elijah Ngurare speaking at the 7th Nkurenkuru Expo gala dinner on Saturday. (Photo by: Lylie Joel) NAMPA

NAMPA
WINDHOEK, 06 June 2026 - The Old Mutual Staff Wellness Centre. (Photo: Contributed)

WINDHOEK, 06 June 2026 - The Old Mutual Staff Wellness Centre. (Photo: Contributed)

NAMPA
WINDHOEK, 06 June 2026 - The newly built Goreangab Mall in Windhoek. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 06 June 2026 - The newly built Goreangab Mall in Windhoek. (Photo by: Molly Weyulu) NAMPA

NAMPA
GOBABIS, 05 June 2026 - A total 670 cadet constables trained at Pius Joseph Kaundu Training Centre graduated in the Omaheke Region. (Photo: Contributed)

GOBABIS, 05 June 2026 - A total 670 cadet constables trained at Pius Joseph Kaundu Training Centre graduated in the Omaheke Region. (Photo: Contributed)

NAMPA
GOBABIS, 05 June 2026 - A total 670 cadet constables trained at Pius Joseph Kaundu Training Centre graduated in the Omaheke Region. (Photo: Contributed)

GOBABIS, 05 June 2026 - A total 670 cadet constables trained at Pius Joseph Kaundu Training Centre graduated in the Omaheke Region. (Photo: Contributed)

NAMPA
GOBABIS, 05 June 2026 - Vice President Lucia Witbooi delivers her keynote address at the graduation ceremony of 670 cadet constables at Gobabis’ Legare Sports Complex. (Photo: Contributed)

GOBABIS, 05 June 2026 - Vice President Lucia Witbooi delivers her keynote address at the graduation ceremony of 670 cadet constables at Gobabis’ Legare Sports Complex. (Photo: Contributed)

NAMPA