PSG Banking Review

Bank Windhoek ranks best bank

Bank Windhoek ranks best bank

Staff Writer PSG Namibia’s 2020 Banking Review has again ranked Bank Windhoek as the Best Bank in the country for the second consecutive year. The PSG Banking Review study provides a detailed time series and financial ratio analysis between banks in Namibia, South Africa, Botswana, and Zambia. The ranking system consisted of six categories: profitability, cost efficiency, credit risk, advance growth, market share, and capital adequacy. In the Namibian bank's category, Bank Windhoek outperformed in five categories, leading to best rate amongst the major financial institutions in Namibia. The Review stated that financial ratios were based on the most recent…
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