Fitch Ratings on 22 March affirmed the Long-Term Issuer Default Ratings (IDR) of Development Bank of Namibia Limited (DBN) at ‘BB-‘ and its National Long-Term Rating at ‘AA+(zaf)’, with a Stable Outlook.
This affirmation underscores Fitch’s confidence in DBN’s creditworthiness and its strategic importance in Namibia’s financial landscape.
The ‘BB-‘ Long-Term IDRs reflect the…
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