We are pleased to announce the appointment of Mr Gerald Gore to the position of Deputy Chief Executive Officer for NMB Bank with effect from 1 September 2019. Prior to this appointment, Mr Gore was the Chief Operating Officer, a position he will continue to hold. He has extensive experience in banking spanning over 15 […]
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Author : NMB
NMB Bank is dedicated to providing premium financial services to all existing and potential customers. Since 1993, we have offered supreme corporate, retail and investment banking solutions.
NMB Bank is dedicated to providing premium financial services to all existing and potential customers. Since 1993, we have offered supreme corporate, retail and investment banking solutions.
Sep
11
Sep
4
CHAIRMAN’S STATEMENT INTRODUCTION The operating environment in 2019 was characterised by a multiplicity of monetary and economic reforms which significantly impacted the economic environment in which the Group operated in. The challenges experienced in 2018 persisted into the first half of 2019 largely characterised by a contraction of business operations throughout the economy, inflationary pressures […]
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Aug
23
In line with Section 32 of Statutory Instrument 134 of 2019, Securities and Exchange (Zimbabwe Stock Exchange Listing Requirements) Rules 2019, shareholders are advised that the basic earnings per share for the half year ended 30 June 2019 will be approximately ZWL14.55 cents per share against ZWL2.34 cents per share recorded for the same period […]
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Aug
5
Foreign Exchange ZAR South Africa’s rand slipped to seven-week lows against the dollar in early trade on Monday, as prospects of a sharp escalation in the U.S.-China trade war turned investors risk-averse. Source: Reuters Global Markets Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain’s ruling Conservative Party’s […]
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Jul
17
Foreign Exchange ZAR South Africa’s rand firmed on Monday as bets the Federal Reserve will cut interest rates next week continued to boost the currency in the absence of any local economic drivers, on a day dominated by ex-president Jacob Zuma’s testimony at a graft inquiry. Source: Reuters Global Markets The pound struggled near a […]
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Jul
16
FOREIGN EXCHANGE ZAR South Africa’s rand firmed on Monday as bets the Federal Reserve will cut interest rates next week continued to boost the currency in the absence of any local economic drivers, on a day dominated by ex-president Jacob Zuma’s testimony at a graft inquiry. Source: Reuters GLOBAL MARKETS The pound struggled near a […]
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Jul
9
Dear Valued Client, We advise that we will be carrying out a systems upgrade from Friday 12 July 2019 at 1800hrs to Sunday 14 July 2019 at midnight. The upgrade will result in the following: – USD Nostro Foreign Currency Account (FCA) numbers will change with effect from Monday 15 July 2019. We will advise […]
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May
7
Members are reminded that included with the audited results for the year ended 31 December 2018 was a dividend announcement of a scrip dividend alternative to the cash dividend of 0.96 RTGS cents per share with members being offered additional shares as an alternative to a cash dividend. The terms of election for the scrip […]
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May
6
INTRODUCTION The Group has continued in the pursuit of its short and medium term goals and the accompanying results are testimony to the considerable progress towards our stated strategy… Financial position The Group’s total assets increased by 25% from US$422 564 352 as at 31 December 2017 to US$527 067 596 as at 31 December […]
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Apr
26
CHAIRMAN’S STATEMENT INTRODUCTION The Group has continued in the pursuit of its short and medium goals and the accompanying results are testimony to the considerable progress towards our stated strategy… GROUP RESULTS Financial performance The profit before taxation was US$27 143 275 (2017 – US$13 017 690) during the period under review and this gave […]
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