AfDB, NMB Bank pen US$15m trade finance deal

Delegates from both institutions graced the signing ceremony at the NMB Bank headquarters in Harare yesterday.
By Tafadzwa Mhlanga Mar. 8, 2024

Boost for SMEs as NMB secures US$15m facility

The bank also announced it was working on securing more than US$55 million from two international institutions that had already conducted due diligence on the bank.
By Business Reporter Dec. 8, 2023

Foreign currency deposits rise 433% to US$1,6 billion

The central bank chief also said Zimbabwe’s financial system’s stability had improved in the post Covid-19 pandemic period.
By Julia Ndlela Oct. 20, 2023

Editor’s Memo: Celebrating Zim banks’ resilience

Nedbank managing director Sibongile Moyo, who is one of the most inspirational and influential women in Zimbabwe, was crowned the Banker of the Year.
By Faith Zaba Oct. 20, 2023

NMBZ net income up 2 837%

The reversal in expected credit losses was ZWL$906 million for the period under review. Deposits and other liabilities grew by 109% from December 2022 levels.
By Tafadzwa Mhlanga Sep. 5, 2023

NMB to remain profitable in FY23

For the FY2022, the group reported revenue of $43,90 billion, up 439% year-on-year.
By Staff Reporter Apr. 24, 2023

Zim’s best bank returns to Kwekwe

NMB is currently undergoing a digital transformation journey which started in 2020.
By Rugare Mubika Feb. 14, 2023

Harare fraudster transfers $800 000 from NMB

The suspect, Trymore Taurai Muzanenhamo (24) was remanded in custody to November 22 by Harare magistrate Evelyn Mashavakure.
By Emma Nhancumba Nov. 8, 2022

NMB wins Best Bank award in ZimInd survey

The panel said NMB’s innovative products and services ensured growth in its corporate and institutional depositors.
By Rugare Mubika Oct. 20, 2022