FNB expects corporate credit growth to average around 4.5%

CHAMWE KAIRA

FNB Namibia’s corporate credit growth is expected to remain resilient but contained, averaging around 4.5% year-on-year in 2026.

FNB Namibia graduate analyst, Ndateelela Amukuhu said overall, corporate credit remains the primary driver of private sector credit growth, although the composition of borrowing points to a more cautious corporate environment.

With interest rates expected to remain elevated, corporates are likely to prioritise liquidity preservation and balance sheet management over expansion.