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Home » NMB spearheads agric credit insurance product
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NMB spearheads agric credit insurance product

written by Almot Maqolo, Staff Writer 0 comments
NMB’s business reengineering exercise significantly eroded its profit margins in the third quarter ended September 30, 2025.
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NMB Bank (NMB) says it is in discussions with local insurance firms to develop a credit insurance guarantee aimed at improving farmers’ access to finance. The move follows persistent collateral challenges, which continue to hinder lending to farmers. NMB Bank divisional executive Erasmus Bhunu confirmed that the bank is working with three insurers to develop…

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