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Wed 30 Sep 2026, 15:00 Bank Windhoek’s Namibian and South African credit ratings affirmed with stable outlook
Bank Windhoek’s Namibian and South African credit ratings affirmed with stable outlook

BANK WINDHOEK LIMITED
(Incorporated in the Republic of Namibia)
Company Alpha Code: BWHIN
(“Bank Windhoek”)

BANK WINDHOEK’S NAMIBIAN AND SOUTH AFRICAN CREDIT RATINGS AFFIRMED WITH
STABLE OUTLOOK

Noteholders are advised that the rating agency Global Credit Rating Company (“GCR”) has
reviewed the Namibian and South African ratings of Bank Windhoek.

Bank Windhoek’s Namibian long-term national scale issuer rating was affirmed at AA+(NA). The
short-term issuer rating was affirmed at A1+(NA). At the same time, the South African long-term
issuer rating was affirmed at A+(ZA). The rating outlook remains Stable.

The report can be viewed on the Capricorn Group Limited website at:
Global Credit Rating Report

30 September 2026

Debt Sponsor
PSG Capital
Date: 30/09/2026 03:00:00
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