REVIEW OF OPERATIONS

FINANCIAL SERVICES

Financial services is an integrated financial services provider which has successfully operated in Namibia for the last 21 years. Since inception, it has been the key driver of Trustco group’s returns for its investors and business partners, but in the last year has had to weather the perfect storm of adverse economic conditions and its subsequent consequences.

Through bold, decisive and innovative action, the financial services segment has remained resilient and positioned itself and its world class assets to execute the new opportunities that present themselves in the modern world. Financial services provide a full spectrum of modern and dynamic financial services to the growing middle class of Namibia as well as the rest of Africa. The business will continue to serve its customers across every stage of life, with a full bouquet of financial services products that can last a lifetime. By harnessing the existing client base and its high quality portfolio of assets, coupled with exceptional technological capabilities, it ensures sustainable value creation for all.

The financial services segment comprises of the following divisions: