Namibia’s Financial System Remains Resilient Amid Global Uncertainty, April 2025 Report Shows. The Bank of Namibia (BoN) and the Namibia Financial Institutions Supervisory Authority (NAMFISA) have jointly released the April 2025 Financial Stability Report, confirming that the country’s financial system remains stable, sound, and resilient despite persistent global economic pressures.
According to the report, both the banking sector and non-bank financial institutions (NBFIs) demonstrated strong performance during the review period. This positive outlook is underpinned by robust regulatory oversight, continued macroprudential supervision, and a proactive policy framework.
The stability of Namibia’s payment infrastructure was another key highlight, ensuring the smooth functioning of financial transactions across the economy. Improved household income and a reduction in debt servicing pressure contributed further to maintaining overall financial health, the report noted.
Authorities emphasized that while the global environment remains volatile—driven by geopolitical tensions, inflationary trends, and shifting interest rate dynamics—Namibia’s financial sector has shown notable resilience. This is attributed to a combination of consistent regulatory intervention, strong capital buffers within institutions, and prudent risk management practices.
The Financial Stability Report serves as a tool for assessing systemic risks and guiding future regulatory action. BoN and NAMFISA reaffirmed their commitment to safeguarding the country’s financial sector through continued vigilance and stakeholder collaboration.