NPLs come home to roost
The numbers speak for themselves: From negative economic growth to shrinking increases in disposable income, peaks in loan arrears and dampened growth in mortgage loans and house prices, Namibia’s economic woes since 2016 come at a high price.
Jo-Maré Duddy – Non-performing mortgage loans have skyrocketed from nearly N$775.3 million in 2016, the beginning of Namibia’s current cycle of recession, to about N$4.1 billi...
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.
Comments
Namibian Sun
No comments have been left on this article