Financial services gear up for second banking and insurance forum

by Staff Reporter

Financial services gear up for second banking and insurance forum

Windhoek

The local financial services market is gearing up for the second Annual Namibia Banking Insurance Finance & Investment Forum, which will be hosted from September 14 to 16.

The platform brings banking, finance, insurance, capital markets and pension funds under one roof.
The forum is hosted under the auspices of the Retirement Funds Institute of Namibia (RFIN) with the theme, “Moving into the mainstream understanding Namibia financial dynamics, resiliency in challenging times”.



“The forum will come in handy to build the Namibian economy and ensure that the country is still an emerging market with sound investment policies. The forum is pivotal to the growth of the four sectors, with experts discussing various issues and industry-led solutions,” said Gift Mashingaidze from the Africa Trusted Business Solution (ATBS) Group, who are organising the forum.

The forum is expected to blend in aspects of banking and finance, understanding the new upcoming banking methods like mobile money and how financial institutions can benefit from it. The forum will also look into the relevance of banking as a key economic growth measure, whether banks are able to fund SMEs and whether banking still takes a developmental role in the country.

“We will look into the measures of avoiding banking fraud. The forum will address insurance sectors and see whether people appreciate insurance, and the culture of Namibian people towards short and long-term insurance.”

Confirmed organisations taking part include the Retirement Funds Institute of Namibia, the Bank of Namibia, First National Bank Namibia, Bank Windhoek, Namibia Financial Institutions Supervisory Authority, Ernst & Young, Capricorn Asset Management, TransNamib Pension Fund, GIPF, Simonis Storm Securities and the Namibia Stock Exchange.

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