Bank of Namibia
The Bank of Namibia (BoN) is the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. It is located in the capital city of Windhoek. The Bank of Namibia was established in 1990 by the Bank of Namibia Act, 1990 (Act 8 of 1990). The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by authority that has been given to it under an Act of the Namibian Parliament. The head of the Bank of Namibia is the Governor of the Bank of Namibia.
Logo of the Bank of Namibia | |
| Headquarters | Robert Mugabe Avenue, Windhoek, Khomas Region, Namibia |
|---|---|
| Established | 9 July 1990 |
| Ownership | 100% state ownership |
| Governor | Johannes !Gawaxab |
| Central bank of | Namibia |
| Currency | Namibian dollar NAD (ISO 4217) |
| Reserves | 1 680 million USD |
| Bank rate | 4.25% |
| Preceded by | South African Reserve Bank |
| Website | www |
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