Letshego gets banking licence in Namibia

Friday, July 25, 2014

Letshego has been granted a banking licence in Namibia adding stimulus to the microlender’s ambitions of becoming a fully-fledged Pan-African financial services company.

In a statement to the Botswana Stock Exchange, the company said the Central Bank of Namibia has granted Letshego Namibia a provisional banking license on July 15, 2014.

“The provisional license is subject to the fulfillment of certain conditions within a six month period before any new operations can commence,” reads the statement.

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Letshego gets banking licence in Namibia

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