August 21, 2014 1:27 PM ET

Banks

Company Overview of NMB Bank Limited

Company Overview

NMB Bank Limited provides financial services to corporate and individual customers in Zimbabwe. The company operates through four segments: Retail Banking, Corporate Banking, Treasury, and International Banking. Its personal banking products and services include current and savings account, debit and credit cards, personal loans and overdrafts, and safe custody services. The company’s corporate banking services comprise saving and current accounts; business credit cards; loans and overdrafts for working capital and capital expenditure requirements; bankers acceptance credits; letters of credit; short term finance to traders; bank guarantees; and bridging finance, as well as provides various ...

First Floor

Unity Court

Cnr Kwame Nkrumah Avenue/First Street

Harare,  

Zimbabwe

Founded in 1992

Phone:

263 4 759651

Fax:

263 4 798850

Key Executives for NMB Bank Limited

Group Chief Executive Officer
Age: 54
Managing Director
Company Secretary
Compensation as of Fiscal Year 2014.

NMB Bank Limited Key Developments

NMB Bank Limited, Annual General Meeting, Jun 17, 2014

NMB Bank Limited, Annual General Meeting, Jun 17, 2014., at 13:30 Indian Standard Time. Location: Corner 1st Street.

NMB Bank Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2012

NMB Bank Limited reported consolidated earnings results for the year ended December 31, 2012. For the year, the company reported interest income of $27,305,825, net interest income of $17,252,236, net operating income of $34,742,167, profit before taxation of $10,101,725, net profit of $7,649,402 or 46.36 cents per basic share compared to the interest income of $22,349,133, net interest income of $14,091,250, net operating income of $25,154,506, profit before taxation of $5,854,125, net profit of $4,279,977 or 25.94 cents per basic share for the previous year. Net cash inflow from operating activities was $27,048,216 compared to the $19,232,339 for the previous year. Purchase of property and equipment was $2,744,679 compared to the $3,568,013 for the previous year.

NMB Bank Limited Reports Unaudited Earnings Results for the Months Ended June 30, 2012

NMB Bank Limited reported unaudited earnings results for the months ended June 30, 2012. For the period, the company's interest income was $11.75 million compared to $9.3 million a year ago. Net interest income was $6.9 million compared to $5.59 million a year ago. Net operating income was $14.28 million compared to $12.24 million a year ago. Profit before taxation was $3.11 million compared to $2.8 million a year ago. Profit was $2.32 million or 14.06 cents per basic share compared to $2.04 million or 12.35 cents per basic share a year ago. Net cash inflow from operating activities was $4.2 million compared to $3.73 million a year ago. Purchase of property and equipment was $1.23 million compared to $1.42 million a year ago.

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