Martin Endjala The Macroprudential Oversight Committee (MOC) of the Bank of Namibia, has determined that no further macroprudential policy intervention is required at this stage. The Bank will, however, continue to monitor the developments and when warranted, take the necessary remedial macroprudential action with the tools at its disposal. This is according to BoN Governor...
November 5, 2024
Tag: Macroprudential
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Macroprudential Policy: An Analysis of Effectiveness and Interaction in Namibia
The Bank of Namibia held its Macroprudential Oversight Committee (MOC) meeting on 10 July, to assess risks and vulnerabilities faced by the Namibian financial system. The committee emphasised continued monitoring of inflationary pressures and geopolitical tensions, which have the potential to undermine economic recovery and negatively impact the financial system. The aim of macroprudential policy...
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Local financial system remains stable according to Macroprudential Oversight Committee
The domestic financial system continues to demonstrate stability, robustness, and resilience, amid heightened risks and vulnerabilities originating from both the domestic and global sphere. This is according to the first Macroprudential Oversight Committee (MOC) meeting of the Bank of Namibia held this week. In addition, the banking and non-banking sectors remained liquid and well-capitalized to...