By: Staff writer
The Capricorn Group’s slow growth of its loan book is raising doubts about its ability to maintain strong earnings, as rising costs and potential margin pressures add to the challenges.
The Group’s gross loans and advances increased by N$1.18 billion since 30 June 2024, reaching N$51.8 billion.
This growth was primarily driven by term loans (N$583 million) and installment finance (N$403 million), while overdrafts and mortgage loans saw modest increases of N$99 million and N$100 million, respectively.
Capricorn Group, which owns Bank Windhoek, Bank Gaborone, and other subsidiaries, recorded a 2.3% growth in gross loans and advances over the past six months.
However, this modest expansion has raised concerns over the Group’s earnings potential.
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