Standard Bank Namibia
{{short description|Commercial bank in Namibia}}
{{EngvarB|date=May 2021}}
{{Use dmy dates|date=May 2021}}
{{Infobox company
| name = Standard Bank Namibia Limited
| former_name =
| logo = StandardBankNamibia.png
| logo_size = 210px
| type = Public
| traded_as = NSX: SNO{{Cite web|url=https://nsx.com.na/index.php/listed-co-brokers/listed-companies|title=Listed Companies}}
| foundation = {{start date and years ago|1915|08|15}}
| location = 1 Chasie Street
Kleine Kuppe
Windhoek
Namibia
| key_people = Herbert Maier (Chairperson)
Mercia Geises (CEO, managing director)
| products = Commercial and Investment banking
| revenue =
| net_income = NAD:361,882,000 (US$:25,576,700) (2020)
| assets = NAD:33,309,509,000 (US$2,354,220,000) (2020)
| equity =
| num_employees = 1,900+ (2019)
| homepage = {{URL|https://www.standardbank.com.na/|standardbank.com.na}}
}}
Standard Bank Namibia Limited, commonly referred to as Standard Bank Namibia, is a Namibian commercial bank. It is licensed, supervised and regulated by the Bank of Namibia, the central bank and national banking regulator.{{cite web|url=https://www.bon.com.na/About-Us/Departments/Banking-Supervision.aspx |publisher=Bank of Namibia |date=8 March 2021 |title=Licensed Commercial Banks In Namibia |author=Bank of Namibia |access-date=8 May 2021 | location=Windhoek}} Since 19 November 2019, the stock of the holding company of this bank, going by the name Standard Bank Namibia Holdings Limited is listed on the Namibian Stock Exchange (NSX), where it trades under the symbol SNO.{{cite web| date=8 May 2021 | url=http://nsx.com.na/index.php/listed-co-brokers/listed-companies |title=Listed Companies on the Namibian Stock Exchange |publisher=Namibian Stock Exchange | author=Namibian Stock Exchange |access-date=8 May 2021 | location=Windhoek}}{{cite web| url=https://neweralive.na/posts/standard-bank-listing-increased-nsx-market-cap-by-n46-billion |title=Standard Bank listing increased NSX market cap by N$4.6 billion |date=19 November 2019 |newspaper=New Era |author=New Era |access-date=8 May 2021 | location=Windhoek}}
SNO and its subsidiaries are members of the Standard Bank Group, a financial services conglomerate, headquartered in South Africa, with subsidiaries in 20 African countries, and with total assets worth nearly US$143 billion, as of 31 December 2020.{{cite web|url=https://thevault.exchange/?get_group_doc=18/1615894015-SBG2020AnnualFinancialStatements.pdf |title=Standard Bank Group: Annual Financial Statements For The Year Ending 31 December 2020 |publisher=Standard Bank Group | date=10 March 2021 |author=Standard Bank Group |access-date=8 May 2021 |location=Johannesburg}}
Overview
Standard Bank Namibia Limited is a large financial services organisation in Namibia. As of 31 December 2020, SNO had assets valued at NAD:33,309,509,000 (US$:2,354,220,000), with shareholders' equity of NAD:3,720,927,000 (approximately: US$262,984,000). At that time, the institution employed in excess of 1,500 people in 63 interlinked brick-and-mortar branches and maintained 372 automated teller machines.{{cite web| title=Standard Bank Namibia Limited: Annual Report For Twelve Months Ending 31 December 2020 |date=24 March 2021 | url=https://www.standardbank.com.na/static_file/Namibia/About/Investor%20relations/Reports/2020%20Reports/Standard%20Bank%20Namibia%20Limited%20AFS%20December%202020.pdf |publisher=Standard Bank Namibia Limited |access-date=8 May 2021 | author=Standard Bank Namibia |location=Windhoek}}
Ownership
The shares of stock of Standard Bank Namibia Holdings Limited are listed in the Namibian Stock Exchange, where they trade under the symbol SNO. The ownership in the company stock is as illustrated in the table below:{{cite web| url=https://www.standardbank.com.na/static_file/Namibia/About/Investor%20relations/Reports/2019%20Reports/SBN%20Holdings%20Limited%20Annual%20Report%20December%202019.pdf |title=Standard Bank Namibia Holdings Annual Report 2019 |date=March 2020 | publisher=Standard Bank Namibia Limited |access-date=8 May 2021 | author=Standard Bank Namibia |location=Windhoek}}
class="wikitable sortable" style="margin: 0.5em auto"
|+ Standard Bank Namibia Holdings Limited Stock Ownership ! Rank !! Name of Owner !! Percentage Ownership | Notes | ||
1 | Standard Bank Group | {{center|75.9}} | |
2 | Public and Private Investors via the NSX | {{center|24.1}} |
Governance
As of May 2021, the chairman of the Board of Directors of Standard Bank Namibia Holdings Limited, is Herbert Maier, a non-executive director. The managing director and chief executive officer is Mercia Geises.
See also
References
{{reflist}}
External links
- [https://www.standardbank.com.na/ Official Website]
{{Authority control}}
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Category:Companies listed on the Namibian Stock Exchange
Category:Companies based in Windhoek