Africa Links 24 with The Brief
Published on 2026-03-04 13:00:00
Namibian banks lent out N$534.7 million more to businesses and households in January than they had last December, representing a 0.4% rise month on month.
Total credit extended to the private sector rose to N$122.85 billion, according to the latest credit update from IJG Securities.
Despite the monthly increase, annual private sector credit extension slowed to 3.9% in January from 4.4% in December, largely due to weaker uptake and net repayments by corporates.
IJG says the…
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