Namibia’s N$552.8bn non-bank sector has growth potential
Namibia’s non-bank financial sector has grown to more than N$552.8 billion in assets, while the country’s broader capital market ecosystem is estimated at about N$338.2 billion, highlighting the growing role of non-bank institutions in mobilising savings and financing economic activity, according to Imanuel Hawanga, general manager of capital markets at Namibia Financial Institutions Supervisory Authority (NAMFISA).
Namibia’s non-bank financial sector has grown to more than N$552.8 billion in assets, while the country’s broader capital market ecosystem is estimated at about N$338.2 billion, highlighting the growing role of non-bank institutions in mobilising savings and financing economic activity, according to Imanuel Hawanga, general manager of capital markets at Namibia Financial Institutions Supervisory Authority (NAMFISA).
