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 20h ago

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

Banks turn to product shaky economy threatens shareholder value

Ecobank continued to introspect and improve on seamless customer experience by promoting flexible customer feedback, addressing pain points and staff training.
By Melody Chikono Sep. 8, 2023

NMB in debt finance talks

NMB chief executive officer Gerald Gore said total assets closed the period at ZW$1,03 trillion, driven by revaluation gains and foreign exchange gains.
By Tafadzwa Mhlanga Sep. 8, 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

XPlug Solutions a game-changer: NMB

Speaking at the launch, NMBZ chairperson Benedict Chikwanha said the introduction of XPlug was the group’s bid to expand its vision.
By Melody Chikono Aug. 9, 2023

FBC Bank knocks at giants’ door

According to Financial Express, FBC Holdings has entered into an agreement to acquire Standard Chartered Zimbabwe for a total consideration of around US$34 million.
By Tafara Mtutu Jun. 16, 2023

NMBZ total assets up 32,7%

Customer deposits grew by 63,7% to $87,1 billion. T
By Melody Chikono May. 19, 2023