Namibia's domestic financial system remains stable, robust, and resilient to withstand any high risks and vulnerabilities emanating from a number of global and domestic economic factors.

The Bank of Namibia said at this stage, there is no need for macro-prudential policy intervention as both the banking and non-banking industries remained liquid, profitable, and well-capitalized.

The findings emanate from the central bank's Macroprudential Oversight Committee meeting that was aimed at assessing the vulnerabilities in the country's financial system.