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National Development Bank was established under an act of parliament in 1963.The Bank is owned by the Government of Botswana and operates under the control of a Board of Directors appointed by the Minister of Finance and Development Planning. In 1998, NDB became the first Bank in Africa to be certified under ISO 9001:2000 International Quality Standards.
NDB’s main objective lies in providing a varied range of financial services to Botswana’s business sector and the public at large while aiming to earn satisfactory returns on shareholder’s funds.
As a Development Financial Institution (DFI), NDB is viable and self-sustaining and continues to contribute immensely to the growth of the local economy. To implement its mandate the Bank provides loan financing for new and existing undertakings falling under the following sectors:
Our Mission: To provide sustainable value creating financial services and partnerships that support economic development of Botswana.
Our Vision: To be the First and Last bank.
Our Values: Excellence,Team work, Accountability, Customer Orientation
The Bank’s Maduo Strategy, developed in 2014 is aimed at positioning the Bank to leverage on ‘mastering the basics to deliver high performance’. Notably, the Bank, through this strategy, aims to raise the bar and execute high-yielding initiatives that will enhance the creation of customer & stakeholder value, and incisive business growth.
The utmost aim of the set Strategic milieu is to support the organizational effectiveness to create a worthwhile customer experience, and drive the provision of client-oriented solutions thus supporting the Bank’s socio-economic development mandate.
NDB continues to invest in its people and partner with its clients; hence through the nurtured skills & knowledge base, and best-suited partnerships, NDB has gained mileage as a development financial services partner.
Our Vision and Value system sets us in the best direction towards attaining our goals and favourably, our employees are committed to living this culture. The Bank incessantly implements initiatives that support the right corporate culture and attitude, to present a sustained foundation for effective strategy implementation. We will continue empowering and engaging our people – staff, to ensure that they fully embrace and own the set strategic direction and willingly give it their utmost commitment!
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These are testimonies from individuals and business owners who through the assistance of the NDB have managed to start successful businesses and created sustainable jobs for Batswana.