NMB Bank’s loan book surges 18 percent

NMBZ has se­cured more than US$185 million in credit lines and is finalising an additional US$70 million, which is expected to further support its lending portfolio and offset the impact of fee cuts.

NMB Bank’s loan book grew by 18 percent to ZWG3,4 billion during the half year to June 30, 2025 from ZWG2,9 billion in the comparable period, attributed to the drive to mobilise lines of credit.The financial institution said the increase saw a significant growth in interest income compared to prior year.“Loans and advances stood at…

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