Pine Suisse Bank

Pine Suisse Financials (Pty) Ltd plans to operate as a diversified financial services company in Namibia and beyond.Pine Suisse Bank's Commercial Banking segment will offer credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.Its Branch Banking segment will provide a range of deposit and loan products to individuals and small businesses. This segment will offer checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses.Pine Suisse Bank's Consumer Lending segment will engage in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers.Pine Suisse Wealth Management segment will provide various investment alternatives for individuals, companies, and not-for-profit organizations. It will offer retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment will also provide asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising local authorities and municipalities.Pine Suisse Bank is a wholly-owned subsidiary of Pine Suisse Financials (Pty) Ltd, part of New York City based investment banking, securities and investment management company.