Articles tagged 'nmb'

NMB donates to Cyclone Idai victims 20 March 2019 More and more corporates are mobilising resources to help victims of Cyclone Idai cope with the tragedy that hit north eastern parts of the country.
NMBZ records $11,8m profits 30 August 2018 HARARE - NMBZ Holdings says it recorded a profit before tax of $11,8 million for the half-year ended June 30, 2018, resulting in total comprehensive income of $9 086 483. This was an increase of 155 percent compared to the same period last year, when comprehensive income stood at $3 556 915. T...
NMB opens branch in Bindura 7 June 2018 HARARE - NMB Bank has opened a sub-branch in Bindura as part of its expansion drive and to bring its services closer to clients. In a notice yesterday, NMB announced it would be spreading its tentacles to Bindura to increase convenience and better access to money for their customers. The su...
NMB doubles profit 26 March 2018 HARARE - Dual listed financial services group, NMBZ Holdings, has doubled its profit after tax to $10 million in the full year to December 31, 2017. The group's banking subsidiary, NMB Bank, achieved a capital adequacy ratio of 24,26 percent. The minimum required by the Reserve Bank of Zimbabw...
NMBZ secures $5m credit line 27 May 2017 HARARE - Listed financial services group, NMB Zimbabwe (NMBZ), has secured a $5 million credit line for on-lending to the productive sector, an executive with the group said. NMBZ chief executive Benefit Washaya (pictured) on Wednesday said the group — which last year accessed a $20 million cr...
NMB courts foreign investors 12 April 2016 HARARE - Dual-listed financial services group NMB Zimbabwe (NMBZ) will this week play hosts to foreign investors who are expected to inject close to $30 million in the company for on-lending to industry and various sectors of the economy. [GoogleAd] The group's chief financial officer, Bens...
CBZ, NMBZ win top corporate governance awards 16 November 2015 HARARE - Zimbabwe's largest financial services group CBZ Holdings has won the trophy for the Best Governed Company on the Zimbabwe Stock Exchange for the second year running, while NMB Bank was awarded the trophy for the Best Governed Banking Institution. The Zimbabwe Investment Authority won ...
Washaya appointed NMB chief exec 11 April 2015 HARARE - Benefit Washaya has been appointed as the substantive chief executive of listed financial services group NMB Zimbabwe Holdings. Washaya, whose appointment is effective from April 1, 2015, has been running the group in an acting capacity since November last year when founder and former...
NMB pursues offshore loans 31 August 2013 HARARE - Dual-listed NMBZ Holdings Limited (NMBZ) says it will continuously seek for more international credit lines to help ease the liquidity crunch in the country. This comes as Zimbabwe's economy has been marred by uncertainty following President Robert Mugabe's election victory, which cri...
NMB seeks $14,8 million 29 January 2013 HARARE - NMB Holdings Zimbabwe Limited (NMBZ) plans to raise $14,8 million fresh capital to ensure compliance of its banking unit NMB Bank Limited (NMB Bank) with the Reserve Bank of Zimbabwe (RBZ) s new minimum capital requirements. The funds will be raised through the placement to strategic for...
NMB rakes in $3,7m 3 September 2012 HARARE - NMBZ Holdings (NMBZ) and its subsidiary NMB Bank Limited (NMB Bank) said they raked in a total $3,7 million from the disposal of an investment property and shares in associate companies during the half year to June 30, 2012. The group said it had accepted offers for the purchase of half ...