Independent ratings agency GCR Ratings Reaffirms Letshego Namibia’s Strong Financial Position

MEDIA RELEASE    

7 September 2026  

Independent ratings agency GCR Ratings has reaffirmed Letshego Namibia's national scale issuer credit ratings at A+ for the long term and A1 for the short term, with a stable outlook for both. The ratings apply to Letshego Holdings Namibia Limited and its subsidiaries, Letshego Bank Namibia Limited and Letshego Micro Financial Services (Namibia) (Pty) Limited.

Ashante Manetti, Chief Commercial Officer at Letshego Holdings Namibia

The reaffirmation reflects Letshego Namibia’s continued financial strength, responsible lending practices and ongoing commitment to serving customers across Namibia. GCR’s assessment cites the Group's strong capitalisation, sound asset quality, and adequate liquidity as key rating strengths, alongside the benefit of parental support from Letshego Africa Holdings Limited, which is listed in Botswana and delivers financial solutions across 11 Sub-Saharan African markets.

Letshego Namibia remains committed to expanding its products and digital services and helping individuals, families, and businesses achieve their financial goals through accessible, responsible financial services across Namibia.

For media inquiries, please contact:

Mrs. Ongame Mutorwa

Communications Manager

Tel: (+264) 81 255 3658

E-mail: OngameM@Letshego.com