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.
National Development Bank has got two types of loans, being Business loans and human capital development loan (individual loans). Under Business loans we have got standard loans that ranges from P10, 000 up to P60 Million. Individual loans have got four fast track loans, namely Ntlhatlosa Kwa Morakeng, Temo Bokamoso, Bonno home loan and Nthuta school fees loan.
National Development Bank (NDB) finances Individuals (both citizens and non-citizens residing in Botswana).
NDB also finances Citizen and foreign companies provided they’re registered and operate within Botswana.
