Banks bite earnings bullet
Sky-high non-performing and overdue loans, as well as huge increases in impairment charges remain the smoking gun of the pandemic pain inflicted on commercial banks.
Jo-Maré Duddy – Non-performing loans in the Namibian banking sector spiked by more than N$1.3 billion or nearly 25% from the end of March 2020 - when Covid-19 first locked down
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