NMBZ boosts lending income share

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.

NMBZ Holdings (NMBZ) says core interest income now contributes about 30 percent of total revenue, underpinned by expanding lending activity supported by new credit linesAdvertisements 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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