Trustco bank winding-up application withdrawn

NAMPA
2026-03-06
WINDHOEK, 06 MAR (NAMPA) – The Bank of Namibia (BoN) has withdrawn its application before the High Court to wind up Trustco Bank Namibia Limited, a former subsidiary of Trustco Group Holdings Limited.
The development was announced in a media release issued by Trustco on Friday, which said the former Trustco bank remains solvent and that all depositors have been repaid in full.
“Every depositor has been repaid in full and no one, not a single depo...
Restricted content

Latest NAMPA photos

LUANDA, 14 April 2026 - Namibian and Angolan delegates sign the Power Purchase Agreement (PPA) and Joint Development Agreement (JDA). (Photo: Contributed)

LUANDA, 14 April 2026 - Namibian and Angolan delegates sign the Power Purchase Agreement (PPA) and Joint Development Agreement (JDA). (Photo: Contributed)

NAMPA
GOBABIS, 14 April  2026 - Players of the Gobabis Sports Club. (Photo: Contributed)

GOBABIS, 14 April 2026 - Players of the Gobabis Sports Club. (Photo: Contributed)

NAMPA
WINDHOEK, 14 April 2026 - President Netumbo Nandi- pictured alongside Managing Director of Dinapama Manufacturing and Supplies, David Namalenga, at the Dinapama headquarters. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 14 April 2026 - President Netumbo Nandi- pictured alongside Managing Director of Dinapama Manufacturing and Supplies, David Namalenga, at the Dinapama headquarters. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
KATIMA MULILO, 14 April 2026 – The University of Namibia (UNAM) on Tuesday capped 215 graduates from different faculties at its Katima Mulilo Campus on Tuesday. (Photo: Contributed)

KATIMA MULILO, 14 April 2026 – The University of Namibia (UNAM) on Tuesday capped 215 graduates from different faculties at its Katima Mulilo Campus on Tuesday. (Photo: Contributed)

NAMPA
WINDHOEK, 14 April 2026 - President Netumbo Nandi-Ndaitwah toured the Dinapama factory in Windhoek on Tuesday. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 14 April 2026 - President Netumbo Nandi-Ndaitwah toured the Dinapama factory in Windhoek on Tuesday. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
KATIMA MULILO, 14 April 2026 - UNAM Pro Vice-Chancellor for Academic Affairs, Professor Frednard Gideon, delivering the keynote address at the graduation ceremony for Katima Mulilo UNAM Campus on Tuesday. (Photo: Contributed)

KATIMA MULILO, 14 April 2026 - UNAM Pro Vice-Chancellor for Academic Affairs, Professor Frednard Gideon, delivering the keynote address at the graduation ceremony for Katima Mulilo UNAM Campus on Tuesday. (Photo: Contributed)

NAMPA
WINDHOEK, 13 April 2026 - Prime Minister Elijah Ngurare and CGN Swakop Uranium board chairperson Qiu Bin during a courtesy visit at the Prime Minister's office. (Photo: Contributed)

WINDHOEK, 13 April 2026 - Prime Minister Elijah Ngurare and CGN Swakop Uranium board chairperson Qiu Bin during a courtesy visit at the Prime Minister's office. (Photo: Contributed)

NAMPA
SHENZHEN, 13 April 2026 - Minister of International Relations and Trade, Selma Ashipala-Musavyi (middle left) together with Namibia's Ambassador to the People's Republic of China, Tonata Itenge-Emvula (middle right), and Namibia senior government officials and the Shenzhen business delegation at the Namibia-Shenzhen Networking Cocktail Reception on 13 April 2026. (Photo: Contributed) NAMPA

SHENZHEN, 13 April 2026 - Minister of International Relations and Trade, Selma Ashipala-Musavyi (middle left) together with Namibia's Ambassador to the People's Republic of China, Tonata Itenge-Emvula (middle right), and Namibia senior government officials and the Shenzhen business delegation at the Namibia-Shenzhen Networking Cocktail Reception on 13 April 2026. (Photo: Contributed) NAMPA

NAMPA