NMBZ boosts lending income share

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.

NMBZ Holdings (NMBZ) says core interest income now contributes about 30 percent of total revenue, underpinned by expanding lending activity supported by new credit lines The bank is increasing its focus on export-oriented sectors as it strengthens its funding pipeline and deploys capital into productive industries such as agriculture, mining and horticulture. NMBZ chief executive…

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