Summary

Find out more about Banking license application and other procedures.

Banking license application and other procedures

Section 10(2)(a) of the Banking Institutions Act, 1998 (Act No. 2 of 1998, as amended) requires guidelines to be established to inform applicants on how an application for authorisation to establish a banking institution should be formulated, and to provide clarity on the requirements for authorisation to conduct banking business. The guidelines are applicable for the following applications.

  • Application for Authorisation to Establish a Banking Institution
  • Application for Permission to Acquire Shares in a Banking Institution
  • Application for Permission to Establish a Representative Office in Namibia
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