2026-02-16
The Bank of Namibia has issued Circular 1/16 to mandate the phased implementation of the Basel III capital and liquidity framework across domestic banking institutions. The directive establishes new statutory requirements, including a minimum leverage ratio exceeding 3%, a total risk-weighted capital adequacy ratio targeting 12.5%, and two liquidity ratios (LCR and NSFR) set at 100%. These capital and liquidity standards will be introduced progressively from 2016 to full compliance by 2021, with primary application to Domestic Systemically Important Banks.