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…
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.