Consumers deposits in commercial banks are safe

In case of a failure
The Deposit Guarantee Scheme adopts a guarantee coverage limit of N$25 000 and covers more than 90% of current depositors.
PHILLEPUS UUSIKU
  • 3 Year Ago - 2022-04-22 00:00:00
In case of a failure in any of the local banking institutions as well as branches of foreign banks operating in Namibia, consumers deposits are safe.The Namibia Deposit Guarantee A
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Namibian Sun 2025-06-19

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