SBN HOLDINGS LIMITED Annual Report 2022
2
INTRODUCTION
Who we are
Namibia is our
home, we drive
her growth.
Our history
Operating in Namibia for over
100 years, Standard Bank is one of
the country's oldest companies.
Our original vision when our first branch opened in
Lüderitz in 1915 was to better understand our
customers and better connect borrowers to lenders,
employing people with a strong knowledge of local
business conditions. Standard Bank has a strong
presence in Namibia and has always lived up to the
promise of bringing banking to the nation. This vision
has created the foundation for the bank we would
become and the qualities our customers and clients
can expect.
We are proud to be part of the Standard Bank Group,
a financial services organisation with a 160-year
legacy of operations across 20 sub-Saharan African
countries.
Growing from a few employees to over 1 300 today,
we are committed to making banking available to all
Namibians. We have a wide network of branches and
ATMs across Namibia and have evolved and adapted
with our customers to grow a rich heritage while
nurturing and protecting our reputation.
Our physical footprint
Transactional volumes on
our digital platforms
Internet Banking
4 308 342
2021: 3 591 280
FU
C
Branches (including in-store)
60
2021: 62
ATMs
436
2021: 409
T
ப
O
ATM: Automated teller machine
USSD: Unstructured supplementary service data.
Our company structure
General public
(including
Purros Trust)
25.1%
Standard
Bank
Group
74.9%
SBN HOLDINGS
LIMITED
100%
SBN HOLDINGS LIMITED
Annual report 2022
100%
Standard Bank
Namibia Limited
100%
Standard
Insurance
Brokers
(Namibia) (Pty)
Ltd
100%
Stanfin
(Namibia) (Pty)
Ltd
100%
50.9%
Arleo
Investments
Sixteen
(Pty) Ltd
Mobicash
Payment
Solutions (Pty)
Ltd (MobiPay)
000
100%
Standard Bank
Namibia
Nominees (Pty)
Ltd
100%
Spearmint
Investments
(Pty) Ltd¹
PayPulse
1 075 537
000
000
000
2021: 962 963
0
USSD
1 122 250
2021: 1 136 606
Please refer to Annexure A in the annual financial
statements for a full list of the material subsidiaries
of Spearmint Investments (Pty) Ltd.
Sossusvlei - Namibia
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