Nedbank Namibia has announced changes to its 2026 pricing structure.
The new pricing will take effect on 2 March 2026.
Chief financial officer of Nedbank Namibia Victor Maengahama said the bank carefully reviewed and refined its fees to ensure they remain fair and affordable.
He said the bank’s focus is on affordability, value and inclusion, especially in areas where consumers face the greatest cost pressures.
“Updating our pricing every year is part of our promise to provide fair, competitive and transparent banking. We want to support our clients with both their daily banking needs and their long-term financial stability,” he said.
The announcement comes at a time when banking fees in Namibia are being widely discussed.
Recent national comparisons and feedback from market analysts show that, while more Namibians now have access to bank accounts, affordability and clear pricing remain very important.
Nedbank Namibia said it is committed to helping customers better understand their banking costs.
Analysts have noted that when prices are clear and easy to compare, customers are more likely to choose digital payments instead of cash.
This shift can help lower costs and make transactions faster and more convenient.
Last year, the bank launched its #GetMoneyFit campaign. The campaign encourages Namibians to take control of their finances with confidence and discipline.
It compares financial fitness to athletic training, noting that, just as in sport, good financial health requires focus, consistency and the right support.
Maengahama said the same mindset guides the bank’s 2026 pricing adjustments.
“Fair and responsible pricing helps our clients make smarter financial decisions. It supports long-term financial wellbeing and strengthens true financial inclusion in Namibia,” he said.
He added that responsible pricing also enables us to sustain the high-quality banking experience our clients deserve.
It ensures we can continue investing in innovation, digital capability and service excellence, elements essential to a modern, future-fit financial system.
“At the same time, our pricing model intentionally includes sustainability contributions, with a portion of all home and vehicle finance directed to the Nedbank Go Green Fund.
Through this fund, every client who finances a home or vehicle helps support tangible conservation, education and sustainable development initiatives across Namibia,” he said.