National Development Bank - NDB

Established in 1963 under an act of parliament, the National Development Bank (NDB) stands as a cornerstone of Botswana’s financial landscape. Owned by the Government of Botswana, NDB operates under the stewardship of a Board of Directors appointed by the Minister of Finance and Development Planning. Notably, in 1998, NDB became the first bank in Africa to achieve certification under the ISO 9001:2000 International Quality Standards, marking its commitment to excellence and quality.

NDB’s mission is to deliver a diverse range of financial services to both the business sector and the general public, while ensuring satisfactory returns on shareholder funds. As a Development Financial Institution (DFI), NDB is both viable and self-sustaining, playing a significant role in bolstering the local economy.

To fulfill its mandate, NDB provides loan financing for new and existing ventures across various key sectors:

• Agriculture: Supporting all agricultural projects to enhance food security and rural development.
• Commerce: Financing retail, service, and tourism industries to boost trade and hospitality.
• Industrial: Offering funds for industrial, manufacturing, processing, and mining projects to foster industrialization.
• Real Estate: Assisting in property development and acquisition for office, retail, industrial, and commercial residential spaces.
• Human Development: Providing educational and residential loans to support personal and professional growth.

Through these targeted financial interventions, NDB continues to contribute significantly to Botswana’s economic advancement, supporting sustainable development and empowering citizens.

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