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Home » NMB agrobond draws strong demand
Companies & Markets

NMB agrobond draws strong demand

written by Almot Maqolo, Staff Writer 0 comments
NMBZ announced that it was finalising external lines of credit totalling US$70 million to support productive sector lending.
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NMB Bank (NMB) says its US$15 million agrobond is attracting firm demand from local farmers during the current summer cropping season and expects it to be fully disbursed by mid next month. The bank recently secured a five-year US$15 million agrobond, which was privately placed with a European fund, earmarked for supporting the agriculture sector.…

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