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.…
NMB agrobond draws strong demand
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.