July 25, 2016 3:20 AM ET


Company Overview of Bank Windhoek Holdings Limited

Company Overview

Bank Windhoek Holdings Limited, an investment holding company, engages in corporate and executive banking, retail banking, and specialist finance activities in Namibia. The company’s deposit products include current, savings, demand, term and notice, and other deposits, as well as negotiable certificates of deposits. Its loans and advances portfolio comprises overdrafts; term loans, including commercial loans, micro loans, and installment loans; mortgage loans; installment finance; and preference shares. The company also engages in insurance broking, property development and investment, asset management, unit trust management, custodian, and micro lending activities, as well as operates as a...

CIH House

6th floor

Kasino Street



Founded in 1996

Key Executives for Bank Windhoek Holdings Limited

Managing Director, Executive Director, Member of Group Executive Committee and Member of Group Board Human Resources Committee
Age: 45
Total Annual Compensation: $2.5M
Compensation as of Fiscal Year 2015.

Bank Windhoek Holdings Limited Key Developments

Bank Windhoek Holdings Limited Appoints Thinus Prinsloo as Managing Director, Effective 1 January 2016

Mr. Koos Brandt, Chairman of the Board of Directors of Bank Windhoek Holdings Limited (BWH), has announced executive leadership changes approved by Bank Windhoek Holdings Limited (BWH) board effective 1st January 2016. The BWH Board of Directors announced the appointment of Mr. Thinus Prinsloo as Managing Director of BWH with effective 1st January 2016.

Bank Windhoek Holdings Limited Announces Audited Consolidated and Company Earnings Results for the Year Ended June 30, 2015

Bank Windhoek Holdings Limited announced audited consolidated and company earnings results for the year ended June 30, 2015. For the period, on consolidated basis, the company reported net interest income of NAD 1,266,961,000 compared to NAD 1,056,898,000 a year ago. Operating income was NAD 2,020,547,000 compared to NAD 1,707,515,000 a year ago. Operating profit was NAD 978,316,000 compared to NAD 792,874,000 a year ago. Profit before income tax was NAD 1,067,142,000 compared to NAD 878,289,000 a year ago. Profit for the year was NAD 753,002,000 compared to NAD 624,915,000 a year ago. Diluted earnings per share were 149.9 cents compared to 124.5 cents a year ago. Net cash from operating activities was NAD 245,654,000 compared to net cash used in operating activities of NAD 535,008,000 a year ago. Additions to property, plant and equipment was NAD 58,981,000 compared to NAD 32,147,000 a year ago. Acquisitions to intangible assets were NAD 65,500,000 compared to NAD 20,235,000 a year ago. For the period, on company basis, the company reported operating income of NAD 387,928,000 compared to NAD 309,571,000 a year ago. Operating profit was NAD 297,707,000 compared to NAD 262,858,000 a year ago. Profit before income tax was NAD 297,707,000 compared to NAD 262,858,000 a year ago. Profit for the year was NAD 294,891,000 compared to NAD 264,558,000 a year ago. Net cash from operating activities was NAD 398,669,000 compared to NAD 196,288,000 a year ago.

Bank Windhoek Holdings Limited Provides Earnings Guidance for the Year Ended June 30, 2015

Bank Windhoek Holdings Limited announced that it expects the profit after tax for the year ended 30 June 2015 to increase between 17% and 22% on the prior year. BWH anticipates a year on year increase in headline earnings per share and basic earnings per share for the year ended 30 June 2015 to range between 21% and 26% and between 17% and 22% respectively.

Similar Private Companies By Industry

Company Name Region
Capricorn Investment Holdings Ltd Middle East/Africa
Bank Windhoek Ltd. Middle East/Africa
EBank Holdings Limited Middle East/Africa
First National Bank Of Namibia Ltd. Middle East/Africa
Nedbank Namibia Ltd. Middle East/Africa

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