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Credit growth expected to slow as BoN rate hikes take effect

Private sector credit growth is expected to slow from the first quarter of 2027 as higher interest rates filter through the banking system, despite lending reaching its fastest annual growth rate in a year in September, according to Simonis Storm.

Windhoek ObserverBy Staff Writer3 Nov 2026, 03:48 am
Credit growth expected to slow as BoN rate hikes take effect

Private sector credit growth is expected to slow from the first quarter of 2027 as higher interest rates filter through the banking system, despite lending reaching its fastest annual growth rate in a year in September, according to Simonis Storm.

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Originally published by Windhoek Observer on 3 Nov 2026, 03:48 am. View original article
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