The banking sector recorded a total income of N$15.9 billion in 2025.
This is a 9.7% increase from the N$14.5 billion reported in 2024.
According to the Bank of Namibia’s latest annual report, the growth was mainly attributed to net interest revenue streams.
The central bank says the sector’s income composition remains anchored in traditional lending activities while benefiting from a boost in digital and service-based fees.
Net interest income rose by 2.7% to reach N$9 billion. This figure accounts for 56.3% of the total income, fuelled primarily by residential mortgages, fixed-term loans, and other interest-earning assets.
Non-interest income increased by 5.4%, totalling N$6.9 billion. This side of the balance sheet was largely bolstered by a public shift towards higher transactional activity.
“Net trading income contributed N$1.3 billion (8.1%), while other income and investment income amounted to N$537.4 million (3.4%) and N$146.7 million (0.9%), respectively,” the bank says.
