FirstRand Namibia has announced a robust set of financial results for the year ended 30 June, highlighting its solid performance amid a dynamic economic landscape. The bank attributes its success to disciplined financial management, strong customer growth, and increased transaction volumes, which helped offset a rise in impairments. “Our performance reflects disciplined financial resource management, strong customer growth, and effective cost containment. While household demand was subdued by slow growth in mortgage credit, FirstRand’s commercial banking arm, RMB, reported strong advances growth of 16.2%, focusing on sectors with above-cycle growth potential. The bank remains committed to leveraging its technological capabilities to deliver on its strategic goals, focusing on prudent credit management and responsible capital deployment.