Bank Windhoek

Bank Windhoek Warns Against Poor Financial Planning

Bank Windhoek's Credit Executive Officer, Eddie King, identifies poor financial planning, unexpected expenses, economic downturns, and over-reliance on credit as major causes of financial default. He stresses the importance of budgeting, emergency funds, and strong financial planning to navigate economic challenges and avoid high-interest debt traps. King urges individuals and businesses to stay informed about economic trends to make better financial decisions.

5 February, 2025 26

Business / Economics

Bank Windhoek Appoints James Chapman as Managing Director Designate

Bank Windhoek has appointed James Chapman as Managing Director Designate, effective from 1 February 2025, following approval by the Bank of Namibia. The financial institution says Chapman, a Chartered Accountant with over 11 years at Bank Windhoek, will succeed Baronice Hans, who will conclude her tenure in June after serving as the bank's first female and longest-serving Managing Director. Johan Swanepoel, the Bank's Chairperson, expressed confidence in Chapman's leadership […]

8 January, 2025 39

Opinion Pieces

THOUGHT LEADERSHIP ARTICLE

Buying a car? Consider these hints and tips By Bank Windhoek’s Branch Manager of Vehicle and Asset Finance Branch, Amanda Von Wielligh. The best time to purchase a vehicle is mainly towards the end of the year. Although buyers might find sales throughout the year, October through December is the sweet spot for landing a good deal. After considering various aspects, deciding which car to purchase may be one of […]

6 December, 2024 12

Opinion Pieces

Understanding Financial Default By Bank Windhoek’s Credit Executive Officer, Eddie King.

Financial default occurs when an individual or small business fails to meet the agreed-upon payments on a debt, meaning they fail to service their instalments on the approved loan or facility, such as a home loan, personal loan, overdraft facility, or credit card. Defaulting on payments can have significant consequences, affecting one's credit rating (credibility with a financial institution) and access to future credit. Firstly, default typically starts when payments […]

21 November, 2024 9

Oshiwambo

O Bank Windhoek oya sindana methigathano lyo Africa’s Banking Battle

Ombaanga oyeya ponomola ontiyali methigathano lyo Battle of the banks lyuunganekwa ko ICAP Training Solutions mo South Africa. Ethigathano lya ningwa molyomakaya ya piti,olyeeta pamwe iiputudhilo yopombanda yopashimaliwa okuza menenevi,okuulika owino nomadhingoloko giikalekelwa goombaanga dha Africa. Omukuluntu wiliki go Bank Windhoek Baronice Hans okwa tumbaleke epondolo,tati olili uumbangi weitulemo lyombaanga okuyela iitalenti yomoshilongo, noku nkondopeka onkatu yawo onga omukomeho moshikondo. Ethigathano olya tamekele mo 2017.

20 November, 2024 21

Local

Bank Windhoek scoops second place at ICAP’s Battle of the Banks Africa Competition

On Saturday, 16 November 2024, Bank Windhoek secured second place at the Battle of the Banks competition hosted by ICAP Training Solutions South Africa. Bank Windhoek’s Managing Director, Baronice Hans, said this achievement underscores the exceptional talent within Bank Windhoek. “It highlights the value of investing in initiatives that build local expertise while strengthening our competitive edge in the banking sector. This achievement reflects more than just recognition for […]

20 November, 2024 10

Business / Economics

Capricorn Group and Bank Windhoek Shine in PSG Wealth Namibia Banking Review

Capricorn Group and Bank Windhoek were awarded in the 2024 PSG Wealth Namibia Banking Review, based on key metrics like profitability and credit risk management. This recognition places Capricorn Group alongside other top institutions such as FirstRand Namibia, Standard Bank Namibia, and Nedbank Namibia. Capricorn Group CEO, David Nuyoma.

15 November, 2024 67

2

Opinion Pieces

Estate Planning: Expenses to Be Considered for a Deceased Estate

By Bank Windhoek’s Trust and Estates Manager, Letitia Du Plessis. A deceased estate refers to the property and money left behind by a person after they pass on. A critical part of estate planning is ensuring that there is sufficient cash in your estate to meet various obligations. Unfortunately, what seems like a straightforward process is actually a complex and time-consuming task that requires planning while you are still […]

12 November, 2024 24 2

Local

Bank Windhoek Partners with Afreximbank on Trade Finance

Bank Windhoek’s Chief Treasurer, Claire Hobbs, announced the bank’s excitement in partnering with Afreximbank for the Trade Finance Seminar and Workshop. “We look forward to learning, exchanging views, and ideas with subject matter experts, and exploring areas for collaboration as trade finance is a strategic focus for the Bank,” Hobbs stated. Bank Windhoek’s Head for Investment Banking, Gideon Vos, will be a panellist, discussing the theme: “Sustaining Financing […]

6 November, 2024 25