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Home » NMB secures US$100m offshore credit line
Companies & Markets

NMB secures US$100m offshore credit line

written by Almot Maqolo, Staff Writer 0 comments
NMBZ said the business reengineering initiatives also included restructuring and staff rationalisation.
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NMB Bank Zimbabwe Limited (NMB) says it is closing in on deals cumulatively worth US$100 million in credit lines offshore, for on-lending to productive sectors of the economy this year.In the 2024 fiscal year, NMB raised over US$65 million in funding from offshore developmental finance institutions (DFIs), reflecting its ability to secure substantial financial resources…

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