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Global bank fears spark stress signals

Namibian system resilient, assures BoN
As the global banking sector reels from the sudden collapse this month of SVB and Signature Bank, the Bank of Namibia says the local banking system has solid capital and liquidity buffers in place to withstand risks emanating from internal and external shocks.
European banking stocks fell sharply on Friday, with Deutsche Bank and UBS knocked by worries that actions by regulators and central banks have not yet contained the worst problems
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Allgemeine Zeitung 2024-11-15

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