Banking system moves N$700bn in six months
Namibia's banking system processed over N$700 billion in payments during the first half of 2026. This represents an increase of nearly 22% compared to the same period in the previous year. The Namibia Interbank Settlement System handled 60,022 transactions from January to June. Total payment values rose by 21.93% while the number of transactions grew by 9.96%. These figures indicate that both the frequency and the amount of money moving through the system are increasing.
Namibia’s banking system processed more than N$700 billion in payments during the first six months of 2026, an increase of almost 22% from the same period last year. The Bank of Namibia’s latest financial stability report shows that the Namibia Interbank Settlement System (NISS) handled 60 022 transactions between January and June. The total value of payments increased by 21.93%, while the number of transactions rose by 9.96%. This means that not only were more payments being processed, but the amount of money moving through the system was also growing. For ordinary Namibians, this system is important even though most