Govt secures N$1.5 billion German loan to tackle northern water crisis
The Namibian government has signed a loan agreement worth approximately N$1.5 billion with the German Development Bank, KfW, to fund ...
Tag: loans
Private sector credit rises by N$662.2 million in March
Private sector credit extension (PSCE) rose by N$662.2 million in March 2025, representing a monthly growth rate of 0.56% and ...
Namibians owe microlenders N$8.1 billion
The microlending sector in Namibia saw significant growth in the fourth quarter of 2024, with the total loan book expanding ...
Namibian companies and individuals take up N$4.5 billion of credit over 12 months
The private sector, comprising corporations and individuals, secured N$4.50 billion in credit over the past twelve months, latest data reveals. ...
Govt provides N$398 million in loans to SMEs
The government has disbursed N$398.8 million to over 360 businesses by September 2024 through its SME Recovery Loan Scheme. According ...
DBN to ease collateral requirements, urges loan holders to service debts
The Development Bank of Namibia (DBN) Chief Executive Officer, John Steytler, has called on loan recipients to prioritise servicing their ...
A glance at Namibia’s financial system
By Jaezuruka Ndjarakana What comes to mind when the average Namibian is asked about our financial system is just the ...
Namibian microlenders extend loans worth N$7.2bn
The microlending loan book value in Namibia increased to N$7.2 billion in the first quarter of 2024 from N$6.7 billion ...
Standard Bank records N$505.6m profit in six months
Standard Bank Namibia’s profit after tax saw a substantial rise of 38 % to N$505.7 million during the half year. ...
Kuleni, First Capital to administer GIPF’s pension-backed housing loan scheme rollout
The Government Institutions Pension Fund (GIPF) plans to leverage its subsidiary Kuleni Financial Services and housing loan fund manager First Capital ...
