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Agribank is a State-Owned Enterprise with the mandate to promote the growth and development of agriculture through affordable and innovative financing. Agribank has been operating in Namibia for over 25 years.
We have 8 branches offices in the following places:
Agribank Act No. 5/2003, as amended, provide the legal framework for regulating the business of the bank and to expand the business operations to be responsive to the changing environment. The Act mandates Agribank to advance money to persons or financial intermediaries to promote agriculture and activities related to agriculture.
The Board of Directors is accountable for implementing an effective governance framework within the Bank. In this regard, the Board implements mechanisms to safeguard the interests of the Bank and its stakeholders. The Bank actively seeks to comply with applicable laws and regulations as well as its own policies and procedures.
The Board consists of five non-executive directors who are appointed by the shareholder based on their skills, experience and expertise in fields critical to the Bank’s performance. The role, functions and powers of the Board are derived from the Bank’s Establishment Act, applicable laws, regulations, corporate governance best practices as well as approved policies.
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