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 innovation...as 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
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Chamisa rolls sleeves as battle hots up
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By Sharon Buwerimwe and Kenneth Nyangani
Dec. 3, 2023
