The Bankers’ Association of Namibia (BAN) was established in 1997 in accordance with the Banking Institutions Act as the representative trade association for the commercial banking sector in the country. The over-arching objective of BAN is to provide a forum for the consideration of policy matters impacting on the Namibian banking industry and to provide a forum for member banks to discuss common concerns and issues. It also acts as a medium for communication with Government, the Bank of Namibia, and any other public bodies and authorities by conveying to them the views of the members on matters affecting the activities of banks.
In addition, through BAN, members deal with non-competitive issues which are of common interest and of significance to the banking industry in Namibia.
The Chairmanship of the BAN is held on a rotational basis by the managing directors of the five commercial banks on an annual basis. The current Chairperson is Mr Sarel van Zyl who took over from Mugunda, Chief Executive Officer of Standard Bank.
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