RMB Namibia has been awarded the title of Best Sub-Custodian Bank in Namibia for 2025 by Global Finance Magazine, a leading international financial publication.
The accolade forms part of the magazine’s 23rd annual Best Sub-Custodian Bank Awards, which recognise outstanding institutions across seven regions and 82 countries.
This comes as RMB Namibia becomes Namibia’s first registered Central Securities Depository Participant (CSDP), a move that reinforces its role in modernising the country’s securities infrastructure. The achievement supports the dematerialisation of listed assets and the deepening of the local capital market.
The award according to RMB Namibia, highlights its growing reputation as a reliable and strategic partner for institutional clients and global financial institutions accessing Namibia’s capital markets.
“We are proud to receive this prestigious recognition from Global Finance,” said Ian Erlank, Head of Global Markets at RMB Namibia. “This award affirms our position as the go-to partner for global investors requiring on-the-ground custody expertise and flawless execution in Namibia. It reflects the strength of our platform and the commitment of our exceptional team.”
RMB Namibia was recognised for its performance in key areas including service quality, regulatory expertise, technology platforms, post-trade operations, and business continuity.
“In a world where compliance, asset protection and operational precision are more important than ever, clients need a partner that goes beyond basic service delivery,” Erlank said. “At RMB Namibia, we combine deep local insight with global standards to help our clients not just safeguard their assets — but also grow them, strategically and securely.”
“Our custody team has positioned RMB Namibia at the forefront of innovation and service excellence in the securities space,” Erlank added. “This recognition matters because it directly benefits our clients — enabling them to operate with confidence, efficiency and clarity in the Namibian market.”
RMB Namibia is a division of FirstRand Namibia, one of the country’s largest financial services groups.
