Bank Windhoek: commercial banks strong enough to repay bonds – zone bourse.com

Bank Windhoek: commercial banks strong enough to repay bonds – zone bourse.com

NAMIBIAN commercial banks have issued bonds worth around N $ 2 billion which mature next year. Although profits have fallen this year, banks still have strong reserves and investors should expect payments. In addition, the rating agencies gave them a pass and said their reputation was still able to support profitability. The country’s four major […]

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