US EditionNamibian banks’ bad debt rises to N$6.6 billion
Summary by The Namibian
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
All
Left
Center
Right
Namibian banks’ bad debt rises to N$6.6 billion
Namibian banks are currently burdened with N$6.6 billion in bad debt, a consequence of clients struggling to repay their loans This is after giving out loans to the value of N$118.9 billion in 2024. “The non-performing loans (NPLs) increased by N$96.3 million to N$6.6 billion in 2024 due to unfavourable economic conditions characterised by high interest rates, high inflation and unemployment which impacted the ability of households and businesse…
·Windhoek, Namibia
Read Full ArticleCoverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
