NBS assets surge 25 percent. . pays US$420k dividend to NSSA

Speaking at the mortgage lender’s 10th anniversary celebrations, Reserve Bank of Zimbabwe (RBZ) director of Banking Supervision Philip Madamombe said address­ing the country’s housing challenges required cooperation between the public and private sectors.

THE National Building Society (NBS)’s total assets grew 25 percent to reach ZiG3,9 billion during the year ended December 31, 2024 from ZiG3,1 billion a year earlier thanks to growth in the loan book.NBS ― a financial subsidiary of the National Social Security Authority (NSSA) ― saw its loans to customers grow 27 percent to…

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