All other sectors are scored cumulatively under services.
The Bank uses the Development Impact Score Card (DISC) to measure its impact in key areas.
Assessing Development Impact
The DISC is structured around the Bank’s strategic focus and reflects the Bank’s business strategy. The development impact assessment gives an indication of the Bank’s potential economic and socio-economic impact.
It enables the Bank to boost its development impact by providing a measurable basis for benchmark scores, structured around combinations of seven key development pillars:
- Creation of sustainable employment opportunities
- Contribution to economic growth and sectoral diversity
- Infrastructure development
- Manufacturing
- Socio-economic transformation
- Import substitutions and export promotion
- Regional equity
- Weights are allocated to each pillar, totalling 100 per cent, and loan applications are assessed on this basis.
- The highest average development impact score is 5
- A score of less than 1 is considered to have low development impact, and a motivation must be provided prior to approval for a project in this band.
- A score of more than 1 but less than or equal to 3 is considered to have moderate development impact
- A score of more than 3 but less than or equal to 4 is considered to have a high development impact
- A project with a score of 4 and up to 5 is considered to have a very high development impact, and should be prioritised
In 2018/19 the DISC was evolved to cross multiple measures:
Manufacturing
Manufacturing is treated separately to provide an overview of impact in light of Namibia’s industrialisation drive.
SMEs
SMEs were added to score the impact of the class of enterprises in light of the Bank’s realignment which is intended to ringfence SMEs into their own lending operation.
Infrastructure
Infrastructure is scored separately as it is an enabler of socio-economic wellbeing and enterprise success, but is not comparable to enterprise, for instance