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Member Institutions
Section 23 of the Deposit Guarantee Act categorized membership of the Scheme in three Categories:
A Banking Institution that is authorized under section 11 of the Banking Institutions Act to carry on banking business in Namibia;
A Branch of a foreign bank that is authorized under section 19A of the Banking Institutions Act to carry on banking business in Namibia;
A Building society that is registered to conduct the business of a building society under section 4 of the Building Societies Act.
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