Bank's sustainability at risk
Auctioning the farms of loan defaulters would be a last resort for the Agricultural Bank of Namibia, whose liquidity is at risk.
Agribank says its arrears are currently standing at half-a-billion, a situation that could threaten the sustainability of the bank. Despite the large amounts of money owed to the a ...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00, only available to users who are logged in