The Bank of Namibia has granted Access Bank Namibia Limited full authorisation to conduct banking business in the country, effective from Friday
The approval was granted in terms of section 13(2) of the Banking Institutions Act, 2023 (Act No. 13 of 2023), following a comprehensive assessment carried out by the regulatory authority.
With the approval now in place, Access Bank Namibia Limited is officially authorized to commence commercial banking operations. Members of the public can now access the institution’s full range of financial services, including opening accounts, depositing funds, and utilizing everyday banking products.
The announcement was confirmed in an official statement issued by Kazembire Zemburuka, Director of Strategic Communications and International Relations at the Bank of Namibia.