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Published 4 days ago • Namibia • Updated 4 days ago

BoN embraces AI to predict loan defaults – News Stand

Summary by observer24.com.na

Allexer Namundjembo The Bank of Namibia (BoN) embraced the collection of data, artificial intelligence, and machine learning to build forecasting models for predicting non-performing loans and improving board pack assessments. This was revealed by the central bank’s governor, Johannes !Gawaxab, during the launch of the 2022-2024 annual report on Monday. “In addition to the broader use of digital tools, local and foreign government payments were d

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observer24.com.na

BoN embraces AI to predict loan defaults – News Stand

Allexer Namundjembo The Bank of Namibia (BoN) embraced the collection of data, artificial intelligence, and machine learning to build forecasting models for predicting non-performing loans and improving board pack assessments. This was revealed by the central bank’s governor, Johannes !Gawaxab, during the launch of the 2022-2024 annual report on Monday. “In addition to the broader use of digital tools, local and foreign government payments were d

4 days ago

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observer24.com.na broke the news in 4 days ago on Monday, March 31, 2025.

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