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Bank Windhoek grows northern property financing

Home National Bank Windhoek grows northern property financing
Bank Windhoek grows northern property financing

Bank Windhoek sold 142 properties in 2023 through estate agents in northern Namibia valued at N$188 million. This is N$100 million more, compared to properties sold in the same area during 2021.  

These figures were announced by Bank Windhoek Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, when speaking at the Bank Windhoek Annual Northern Estate Agent Awards held on Thursday, 23 May 2024 in Oshakati. The awards recognise residential and commercial estate agents, agencies and developers from the northern, central and coastal regions for their commitment, loyalty and support to Bank Windhoek and its customers.

Chapman commended northern Namibia’s real estate agents for their achievements in the property finance market. He said the bank looks forward to attaining more achievements that uplift Namibian communities through valuable partnerships. “Bank Windhoek is excited to continue partnerships with those who share the same vision: to uplift our communities and the Namibian economy, including estate agents. Bank Windhoek aims to invest in the country, and become a global economic powerhouse. Additionally, we aim to be a supporting partner for all Namibians of all walks of life,” he said.

Awarded as the top estate agent with the highest volume of transactions in the north, Georgina Tjingaete of Jolly T Real Estate from Rundu said the 2023 market saw great returns for her business. “When you sell the right product to cater to client’s needs, you attract more clients,” she said.

 Tjingaete further said working with Bank Windhoek property consultants with well-established relationships was easy. Additionally, she said her husband, the developer at Jolly T Real Estate, remains supportive. This way, her business flourished to be awarded as the top estate agent in the area.