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FirstRand Namibia corporate lending powers N$2.15bn profit

namibian.com.na · 16hShare

Firstrand Namibia reported a N$2.15-billion net profit for the year ended in June, boosted by corporate lending and reduced bad-debt provisions. The group, which owns FNB Namibia and RMB Namibia, increased its profit from N$1.91 billion in the previous financial year. Profit before tax rose by 12.7% to N$3.01 billion, while the group’s return on […] The post FirstRand Namibia corporate lending powers N$2.15bn profit appeared first on The Namibian .

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