The Payment Association of Namibia (PAN) generated revenue of N$10.62 million during 2025, while maintaining a strong financial position.

This was revealed by its Acting Chief Executive Officer Mbapeua Kauoova at the association's 2025 Annual Report launch in Windhoek on Tuesday.  

Namibian banks are stepping up efforts to combat financial crime as the country strengthens its anti-money laundering and fraud prevention systems. The latest figures from the Financial Intelligence Centre show that closer cooperation between banks, regulators and law enforcement is producing tangible results.

Namibia has been removed from the Financial Action Task Force (FATF) grey listing.

The Bankers Association of Namibia (BAN) held a chairmanship handover ceremony yesterday in Windhoek.

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.