Namibia: Financial System Stability Assessment, including Report on the Observance of Standards and Codes on Banking Supervision

February 27, 2007

Summary

This paper discusses key findings of the Financial System Stability Assessment for Namibia, including the Report on the Observance of Standards and Codes on Banking Supervision. The financial system of Namibia appears healthy, well-run, and resilient to plausible macroeconomic shocks. Namibia has one of the most sophisticated and highly developed financial systems in Africa. It comprises a diverse range of institutions, which are mostly private. The banking sector is mature, profitable, and well capitalized. The nonbank financial institutions sector is also well developed.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Banking, Commercial banks, Crime, Expenditure, Financial institutions, Financial services, Insurance companies, Pension spending

Keywords: Africa, Anti-money laundering and combating the financing of terrorism (AML/CFT), bank, Commercial banks, CR, credit risk, financial institution, institutional investor, Insurance companies, investment opportunity, ISCR, market, market conduct rule, market discipline, market practice, market-oriented economy, Namibia, parent bank, Pension spending, private equity, risk profile, supervisory capability

Pages:
61
Volume:
2007
DOI:
https://doi.org/10.5089/9781451828443.002
Issue:
083
Series:
Country Report No. 2007/083
Stock No:
1NAMEA2007002
ISBN:
9781451828443
ISSN:
1934-7685

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