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