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Trustco bank winding-up application withdrawn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WINDHOEK, 06 MAR (NAMPA) – The Bank of Namibia (BoN) has withdrawn its application before the High Court to wind up Trustco Bank Namibia Limited, a former subsidiary of Trustco Group Holdings Limited.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...
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