Regulatory Alerts2026-05-22
Bank of Namibia Banking Circular 2/95: Classification of Outstanding Credit to the Private Sector by Industry
The Bank of Namibia issued Banking Circular 2/95 to require commercial banks to submit a new quarterly supplement form detailing the sectoral distribution of private sector credit. This mandate aims to enhance the analysis of credit efficacy in promoting production and to assess risk concentration within the banking industry. The circular provides specific definitions for industrial classification based on loan purpose and mandates initial reporting by June 30, 1995.
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