Home Africa Namibia: Loans drive bank assets to N$185b – Business

Namibia: Loans drive bank assets to N$185b – Business

Namibia: Loans drive bank assets to N5b – Business

Africa Links 24 with Shania Lazarus
Published on 2025-11-24 13:00:00

Namibia’s banking sector assets rose by 3.1% to N$184.7 billion in the third quarter of 2025 due to an increase in loans and advances.

Deputy Bank of Namibia (BoN) governor Ebson Uanguta says the banking sector had enough capital and remained profitable during the quarter under review.

“The increase was primarily driven by the growth in the net loans and advances of the banking sector, supported by the increase in short-term negotiable securities,” he says.

Return on assets,…

Read the Full article on The Namibian

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