Strengthening Sino-Namibian Ties
FNB Namibia
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FNB Namibia at the 7th China International Import Expo
As Namibia continues to build strong economic and cultural ties with China, the banking sector plays a pivotal role in facilitating business relations to economically benefit the nation. As a key player in the industry, FNB Namibia is at the forefront, providing tailored solutions to further strengthen Sino-Namibian ties.
On the 5th-7th of November 2024, the FNB Namibia Commercial team proudly joined the Namibian delegation of business investors with interests in both China and Namibia at the 7th China International Import Expo (CIIE) that took place in Shanghai, China. The event served as a dynamic platform for fostering investment opportunities and strengthening business ties between Namibia and China.
The Namibian delegation consisted of Deputy Minister of Mines & Energy of Namibia, Kornelia Shilunga; Ambassador of the Republic of Namibia in China, Dr. Elia George Kaiyamo; FNB Commercial team members Rivan Meyer, Anna Nambahu, and Priscilla Akudhenga; as well as other local Namibian businesses and authorities.
During the week of the Expo, a Namibia-China 2024 High-level Business Forum (NCHBF) aimed at addressing investment opportunities in mining, banking, and other key industries and sectors took place on the 7th of November and featured a roundtable discussion of Namibia-China cooperation for a better shared future.
With its robust understanding of both markets, FNB offers tailored solutions designed to meet the unique needs of Chinese investors. The Chinese desk at FNB Commercial Banking has a dedicated team who are able to converse in Mandarin, which could further aid clients and other important stakeholders.
In addition to a dedicated Chinese banking desk, the FNB Commercial team presented their Chinese banking value proposition, which highlighted the following offerings:
· Transactional banking offerings: Business Cheque Accounts, Online Banking, merchant services, and free monthly statements as a value add.
· Investment offerings with different terms available (short-, medium- and long-term cash investment solutions) that will cater to the customer`s cashflow needs.
· Foreign exchange offerings: We offer CFC accounts in USD, Pound, and EUR currencies with plans to roll out CNY in the near future. Other offerings include our trade finance solutions (Letters of Credit, Guarantees, and others) for businesses involved in import and export industries.
Our presence at the CIIE was more than just a showcase of our value proposition; it was about solidifying Sino-Namibian relations. By offering investors tailored financial solutions, building trust, and supporting cross-border collaboration. FNB is paving the way for a brighter economic future for both nations, helping position Namibia as a competitive and viable investment destination.
Whether you’re a Chinese business looking to invest in Namibia or a Namibian company expanding into Chinese markets, FNB Namibia offers the expertise, tools, and support to make your journey a success.
For more information on our Chinese banking solutions, contact:
Angelo Kloppers
+264 81 4341 425
Anna Nambahu
+264 81 858 9385