NMB secures US$100m offshore credit line

NMBZ announced that it was finalising external lines of credit totalling US$70 million to support productive sector lending.

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…

Subscribe to read full article. Subscribe today

Related posts

Innscor frets over proposed VAT hike

NMB agrobond draws strong demand

Agric-equipment bolsters Zimplow sales

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More