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Namibia: Namibians make banks N$16 billion richer in 2025 – Business Home 2

Namibia: Namibians make banks N billion richer in 2025 – Business Home 2

Africa Links 24 with Shania Lazarus
Published on 2026-04-14 09:36:46

The banking sector recorded a total income of N$15.9 billion in 2025.

This is a 9.7% increase from the N$14.5 billion reported in 2024.

According to the Bank of Namibia’s latest annual report, the growth was mainly attributed to net interest revenue streams.

The central bank says the sector’s income composition remains anchored in traditional lending activities while benefiting from a boost in digital and service-based fees.

Net interest income rose by 2.7% to reach N$9…

Read the Full article on The Namibian

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