Banking sector assets increased by 3.8% to N$195.1 billion in Q1
The banking sector remained well capitalised, profitable and liquid during the first quarter of 2026, with notable improvement in asset quality, the Macroprudential Oversight Committee (MOC) of the Bank of Namibia has stated.
CHAMWE KAIRA
The banking sector remained well capitalised, profitable and liquid during the first quarter of 2026, with notable improvement in asset quality, the Macroprudential Oversight Committee (MOC) of the Bank of Namibia has stated.
Total banking sector assets increased by 3.8% to N$195.1 billion, driven mainly by growth in net loans and advances, supported by higher holdings of short-term negotiable securities.
The central bank said although profitability remained strong, the return on assets declined from 2.8% to 2.3%, while the return on equity decreased from 21.8% to 18.1% during the first quarter of 2026, mainly reflecting lower net interest and net trading income.
