Namibia: DBN Funding Created 2 874 Jobs in 2014

THE Development Bank of Namibia (DBN) announced yesterday in its preliminary results for 2014 that the bank approved N$ 1,4 billion in finance for 343 enterprises, creating 2 874 new jobs, 4 040 temporary jobs and retaining 4 201 existing jobs.

CEO Martin Inkumbi said the bank's loan and investment portfolio grew by 30%, and total assets rose by 22% to N$ 2,91 billion.

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