The Namibia Financial Institutions Supervisory Authority (NAMFISA) has resolved 268 complaints of the 691.
This is contained in the 2023/2024 annual report.
With different markets emerging every day and microlenders on the rise, NAMFISA was able to resolve over 620 cases.
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has reiterated that no microlender is allowed to confiscate or withhold borrowers' bank cards, PIN codes, or original identification documents.
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has ordered the payment of N$200 million to customers following complaints.
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has announced plans to conduct a formal consultation on the proposed draft Consumer Credit Bill from June to September 2023.
Namibia Financial Institutions Supervisory Authority (NAMFISA) has launched its 2023 FINTECH Square programme.
