Bank of Namibia

Overview

As Namibia’s central bank, we are entrusted with various functions such as: supporting economic growth and development, act as fiscal advisor and banker to Government, promote price stability, manage reserves and currency, ensure sound financial system and conduct economic research.  Through this website we provide you with information that keeps you up-to-date with the activities of the Bank and the latest economic developments in Namibia.

The Bank of Namibia is the central bank of the Republic of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution.  The Bank is responsible for:

• formulating and implementing monetary policy;
• issuing banknotes and coin;
• supervising the banking sector;
• ensuring the effective functioning of the national payment system;
• managing foreign-exchange reserves;
• acting as banker to the government;
• administering the country’s remaining exchange controls;