Home » NMB sets US$10 million capital target for property division

NMB sets US$10 million capital target for property division

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NMBZ Holdings (NMB) is targeting a cumulative capital outlay of US$10 million for its property division to operate as a standalone business unit. The financial services company officially launched its fully-fledged property division, Property Development Company last year as part of diversification efforts but it remained as part of the group’s banking unit. Local banks…

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