NBFI sector assets increased to N.dollars 331 billion in third quarter of 2020: NAMFISA

Contributed by NAMPA.

WINDHOEK, 05 MAY (NAMPA) – The non-banking financial institutions sector’s assets increased, both on a quarterly and annual basis, to N.dollars 331.2 billion during the third quarter of 2020, the Namibia Financial Institutions Supervisory Authority (Namfisa) has indicated.
The information is contained in Namfisa’s quarterly statistical report for the third quarter of 2020, which was issued on Monday.
It said the increase in assets is mainly due to improved performance in the equity markets after ...