NMBZ’s business reengineering exercise significantly eroded profit margins during the third quarter ended September 30, 2025, after once-off expenses propelled operating costs by 70 percent year-on-year to ZiG1,1 billion. The group redesigned its business processes from the ground up to achieve improvements in operational performance. In its latest trading update, the diversified financial services provider…
Business reengineering hits NMBZ earnings
To support lending growth, NMBZ has secured more than US$185 million in credit lines and is finalising an additional US$70 million facility expected to strengthen its funding pipeline further.