Namibia’s financial system remains stable amid global and domestic risks: BoN

Chelva Wells

2024-12-13

WINDHOEK, 15 June 2022 - BoN Governor Johannes !Gawaxab. (Photo by: Maqonda Ndlovu) NAMPA

WINDHOEK, 13 DEC (NAMPA) – The Bank of Namibia’s Macroprudential Oversight Committee (MOC) has confirmed the stability, soundness, and resilience of Namibia’s financial system despite global and domestic macrofinancial uncertainties.
This assessment followed the MOC’s second meeting of the year, held on 05 December 2024, where risks and vulnerabilities in the financial sector were reviewed.
In a report issued on Thursday, the BoN stated that the...

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