trustco group

Trustco Group Holdings Exits Commercial Banking Trustco Group Holdings Limited has officially exited the commercial banking sector by surrendering Trustco Bank Namibia’s banking license to the Bank of Namibia. Chairman Quinton van Rooyen revealed that this decision was due to the group’s strategy to withdraw from deposit-taking institutions, which made up less than 1% of its total investments. The Brief reports this move marks Trustco’s strategic shift away from banking. […]