NMBZ cuts bad loan ratio

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 strict credit management systems helped reduce non-performing loans to 3,14 percent de­spite growing pressure on retail borrowers, with agricul­ture remaining the bank’s largest lending sector.Advertisements The non-performing loan (NPL) ratio is a key mea­sure of banking sector health, reflecting the proportion of loans where borrowers have failed to meet repayment obligations over…

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