Africa Links 24 with Shania Lazarus
Published on 2026-09-14 17:00:00
Firstrand Namibia reported a N$2.15-billion net profit for the year ended in June, boosted by corporate lending and reduced bad-debt provisions.
The group, which owns FNB Namibia and RMB Namibia, increased its profit from N$1.91 billion in the previous financial year.
Profit before tax rose by 12.7% to N$3.01 billion, while the group’s return on equity remained high at 28.5%.
FirstRand Namibia paid N$555 million in dividends to shareholders during the financial year, while customers…
Read the Full article on The Namibian
