Bank Windhoek is a member of Capricorn Group.
Capricorn Group was incorporated on 5 September 1996 as an investment holding company. The company was established in terms of a merger concluded in terms of the Building Societies Amendment Act, 1994, between Bank Windhoek and the former Namib Building Society. In 2013 Capricorn Group successfully listed on the Namibian Stock Exchange and the company is growing from strength to strength.
The following entities are the shareholders of Capricorn Group:
Capricorn Group operates as a listed holding company with its other main investments comprising:
Capricorn Asset Management (Pty) Ltd (CAM)
- serves the unique investment needs of Namibian institutions, corporations and high net-worth individuals. CAM provides them access to investments in all major asset classes such as the local unit trust funds, government security trading, trust services, international investments, etc.
Cavmont Bank Ltd
- is a medium-sized commercial bank in Zambia, owned by Cavmont Capital Holdings Zambia PLC in which Capricorn Group holds 97.9% shares. They offer individuals and corporates a variety of affordable products and services.
Bank Gaborone Ltd
- is a subsidiary of Capricorn Investment Holdings (Botswana) (Pty) Limited in which Capricorn Group (Namibia) holds 68.7% interest. Bank Gaborone offers a suite of competitive products and services to its clients.
Sanlam Namibia Holdings (Pty) Ltd - is a financial services group focusing on life insurance, savings and investment products. Their offers include risk insurance, savings and investment as well as retirement provision. Sanlam Namibia further offers group scheme products for SMEs, corporate bodies, unions and other organisations.
Santam Namibia Limited - is the largest short-term insurance company in Namibia offering insurance products for personal, corporate, commercial and agricultural needs as well as specialised insurance for particular requirements.
Namib Bou (Pty) Ltd - acts as the social responsibility arm of the CIH group in the area of urban development. They facilitate the provision of affordable housing between the local authorities and financial institutions (banks) for the lower and middle income groups.
To view our Group Structure organogram, click here...>>