insert_link Business / Economics DBN’s long-term ratings steady with positive outlook Fitch Ratings has affirmed the Development Bank of Namibia Limited's Long-Term Issuer Default Ratings at 'BB-' and its National Long-Term Rating at 'AA+, with a stable outlook. Fitch said although DBN recorded a loss of N$270 million for the 2023 financial year due to high loan impairment charges, it forecasts the bank to turn profitable. Here is economic researcher Josef Sheehama. todayMarch 26, 2024 12
insert_link Business / Economics Fitch Ratings Rates Namibia’s Development Bank as Outlook Stable Opinion Piece, By Josef Kefas Sheehama Fitch Ratings has affirmed DBN's Long-Term Issuer Default Ratings (IDR) at 'BB-' and it’s National Long-Term Rating at 'AA+. These credit ratings cover the widest range of credit risk factors and have no limitations. The Namibian Development Bank (DBN) is the country's flagship and largest policy bank, contributing to economic and social development. Its strategy is in line with national development […] todayMarch 26, 2024 22