Development Bank of Namibia



The Development Bank of Namibia (DBN) is a state owned development bank in Namibia.

Overview
The bank began its operations in 2004. The main objective of DBN is to promote and finance development in those sectors of the economy which support development and the welfare of the citizens of the country. , the total asset valuation of the bank was in excess of US$146 million (NAD:1.602 billion), with shareholders equity of approximately US$144.3 million (NAD:1.583 billion)

Leadership
The Development Bank of Namibia is led by a CEO who is part of the board of directors. CEOs of the DBN have been:
 * Martin Inkumbi (until 2023)
 * John Steytler (2023–)