Domestic financial system stable, robust: BoN

NAMPA

2024-10-09

OSHAKATI, 16 August 2023 - Bank of Namibia Governor, Johannes !Gawaxab, speaking in Oshakati. (Photo by: Maria David) NAMPA

WINDHOEK, 09 OCT (NAMPA) – The Bank of Namibia (BoN) has stated that the country’s domestic financial system is stable, sound, and robust.
This comes after the Financial System Stability Committee (FSSC) met on 03 October 2024, to review the resilience of Namibia’s financial system to global and domestic hazards.
The committee said it recognises the dangers to financial system stability and is committed to addressing emerging concerns properly....

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