DBN

17 05, 2021

STANDARD BANK JOINS CREDIT GUARANTEE SCHEME, OFFERS 60% COLLATERAL REDUCTION FOR QUALIFYING SMES

2021-05-17T08:15:27+00:00 May 17th, 2021|NEWS|

Photo Caption: Standard Bank’s Enterprise Direct Manager, Felicia Jooste, has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60% for qualifying SMEs. Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of [...]

15 01, 2021

DEVELOPMENT BANK OF NAMIBIA TO LAUNCH KFW-SUPPORTED COVID-19 BUSINESS RELIEF LOANS

2021-01-15T07:52:07+00:00 January 15th, 2021|NEWS|

Development Bank of Namibia (DBN) has announced that it will launch Covid-19 business relief loans on 18 January 2021. The Bank will provide finance equivalent to 3 months up to a maximum of 6 months working capital for enterprises affected by Covid-19. The term of the loan will be [...]

28 09, 2020

UNIQUE 2019 INNOVATION AWARD WINNER MAKES STRIDES

2020-09-28T08:22:04+00:00 September 28th, 2020|NEWS|

UNIQUE PRODUCT WILL ASSIST ELECTRICITY CONSUMPTION MANAGEMENT AND PROVIDE INTERNET Winner of the Development Bank of Namibia (DBN) 2019 Innovation Award, Pulsar Electronics, is making strides with a DBN enterprise development and support package that is securing the future of its award winning business proposal. Pulsar’s innovative product, known as GridX, offers the twofold [...]

21 09, 2020

DEVELOPMENT BANK SHOWCASES SKILLS-BASED FINANCE FOR YOUNG ARTISAN

2020-09-21T09:06:46+00:00 September 21st, 2020|NEWS|

Photo Caption: Rens Shilongo a young artisan and owner of automotive enterprise Mekemo Trading received skills-based finance for young artisans to purchase tools and equipment that will assist it to expand its business. The company employs four mechanics and two panel beaters. [...]

18 03, 2020

DEVELOPMENT BANK SEEKS SUSTAINABILITY FOR NKURENKURU

2020-03-18T09:59:34+00:00 March 18th, 2020|NEWS|

Photo Caption: Sustainability for Nkurenkuru. Development Bank of Namibia CEO Martin Inkumbi (left) and Nkurenkuru COE Petrus Sindimba (right) recently formally signed an agreement in terms of which the Development Bank of Namibia will deploy its Project Preparation Fund to finance an N$2.5 million feasibility study for Nkurenkuru Extension [...]