DBN announces measures for COVID-19 relief

Contributed by NAMPA.

OPUWO, 04 APR (NAMPA) – The Development Bank of Namibia (DBN) is preparing measures to give relief to borrowers in the wake of the COVID-19 pandemic, CEO Martin Inkumbi has announced.
In a statement availed to Nampa on Friday, the chief executive officer said DBN recognises that borrowers are experiencing difficulty, particularly in the tourism sector among SMEs.
In light of this it will begin providing relief to preserve the development impact of loans as well as economic activities they were ...