The Bank of Namibia has paid a N$200 million dividend to government for the 2025 financial year, a 72% decline from the record N$720 million payout in 2024, as distributable profits fell by nearly half.
The central bank reported an operating profit of N$569 million, with distributable earnings of N$553 million, compared to N$1.107 billion in the previous year.
Governor Ebson Uanguta said the lower dividend reflects shifting global and domestic financial conditions but remains a contribution to public finances.
“The Bank of Namibia is declaring a dividend of N$200 million for 2025, and this is not just a number but a contribution that supports public services and improves livelihoods,” he said.
The latest payout follows N$511.3 million in 2023 and the higher distribution recorded in 2024.
The change in profitability was attributed to easing global inflation, a weaker US dollar, the redemption of Eurobonds and the Bank’s continued execution of its core functions, including reserve management and currency issuance.
Total assets declined by 13% year on year to N$62 billion, from N$71 billion in 2024, largely due to the Eurobond redemption and currency movements.
Despite the lower financial performance, Uanguta said the central bank maintained its primary mandate.
“The Bank has maintained price stability and financial stability, which remains central to our responsibility as a central bank,” he said.
During the year, the Bank advanced financial sector reforms, including the launch of the Namibia Financial Sector Transformation Strategy 2025–2035, aimed at improving inclusion, competitiveness and resilience.
It also introduced regulatory measures such as open banking frameworks and Namibia Quick Response Code standards to modernise the national payments system and expand access to digital financial services.
Deputy Governor Leonie Dunn said the operating environment remains complex, shaped by global uncertainty and evolving financial systems.
“The economic and financial landscape is rapidly evolving, and the role of the central bank requires consistent policy execution and strong institutional frameworks to sustain stability,” she said.
Dunn added that the Bank will continue to focus on maintaining confidence in the financial system while adapting to changing economic conditions.
