Corporate credit appetite stalls

NAMPA

2026-03-10

WINDHOEK, 10 March 2026 - FNB Namibia Economist, Cheryl Emvula. (Photo contributed)

WINDHOEK, 10 MAR (NAMPA) - Namibia’s private sector credit extension (PSCE) growth slowed to 4.2 per cent in January 2026, reflecting weaker corporate borrowing despite a modest pickup in household credit demand.

The Namibia January PSCE report released by First National Bank (FNB) Namibia on Tuesday shows that the growth rate declined slightly from 4.4 per cent recorded in December 2025.

The report, compiled by FNB Namibia Economist, Cheryl Em...

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