Non-performing loans breach trigger point
BoN to implement buffer
The Bank of Namibia is at an advanced stage of implementing the countercyclical capital buffer (CCyB) as an additional macroprudential tool to further enhance the banking sector's resilience.
Non-performing loans (NPLs) increased to 6.1% of total credit extended by commercial banks in Namibia in the first quarter of this year, up from 5.9% in the last quarter of 2023.Th...
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