Mortgages make up the largest portion of loans in the banking sector, according to a study presented at the collaborative seminar hosted by the Bank of Namibia and the University of Namibia.

The event brought together experts from the banking and academic sectors to discuss strategies aimed at strengthening the banking industry's ability to withstand economic shocks.

The seminar focused on the importance of effective credit risk management, highlighting how proper assessment and mitigation of risks can safeguard financial institutions from potential crises.

Speakers emphasised the role of regulatory frameworks, innovative credit solutions, and the need for continuous training to equip financial institutions with the tools necessary to navigate complex risk environments.

This joint effort between the Bank of Namibia and the University of Namibia underlines the significance of collaboration between academia and the financial sector in promoting sustainable growth and resilience in Namibia's banking sector.