Global Trade Alert
Global Trade Alert

Namibia: Foreign banks allowed to operate in the country

Announcement

05 Nov 2010

In November 2010, the government of Namibia announced changed rules for foreign investors.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

05 Nov 2010

Revocation date:

No revocation date

Updated: 05 Nov 2010
FDI: Entry and ownership rule In force

On 5 November 2010, the parliament of Namibia adopted the Banking Institutions Amendment Act No. 14 of 2010 authorising foreign banking institutions to establish branches in the country.
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