NMBZ margins under pressure

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 says it is facing sustained pressure on lending margins as borrowers push for cheaper loans, forcing pricing adjust­ments. This comes as the financier has secured more than US$185 million in credit lines and is finalising an additional US$70 million, which is expected to fur­ther support lending growth. NMBZ chief executive Gerald Gore told…

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