Agricultural Bank of Namibia
| Agricultural Bank of Namibia | |
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State companies , ministries and institutions in Namibia |
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| Designation: | Agricultural Bank of Namibia (Agribank) |
| State level: | State company |
| Founding: | 1907 |
| Turnover or budget / budget : |
N $ 101.4 million (2010/2011) |
| Profit: | N $ 20.998 million (2010/2011) |
| Highest office: | CEO |
| Officials: | Leonard Iipumbu |
| Headquarters: | Windhoek |
| Homepage: | www.agribank.com.na |
The Agricultural Bank of Namibia (mostly just AgriBank for short ) is Namibia's national agricultural bank . It is based in the capital Windhoek .
Their main task is to promote agriculture or the economic sectors associated with agriculture by granting loans. The bank operates from six nationwide branches in Windhoek, Otjiwarongo , Rundu , Mariental , Oshakati and Katima Mulilo .
history
The Agricultural Bank of Namibia was founded in 1907 under the name Deutsch-Südwestafrikanischer Farmerbund . The Land and Agricultural Bank of South West Africa emerged from it in 1922 . In 1991 it was given its current name on the basis of Ordinance No. 27.