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NMB Bank Limited
NMB Bank Limited, previously known as National Merchant Bank of Zimbabwe Limited, is a commercial bank in Zimbabwe. It is licensed by the Reserve Bank of Zimbabwe, the central bank of that country and the national banking regulator. Location The headquarters of this bank and its main branch, are located at 19207 Liberation Legacy Way (formerly Borrowdale Road), Borrowdale, in Harare, the capital and largest city of Zimbabwe. The bank has 14 branches across Zimbabwe as well as over agents in over 130 locations making it the bank with the largest footprint in the country. Overview The bank is a medium-sized financial services institution, that serves large corporations, small to medium enterprises (SMEs), as well as individuals. , the bank's total assets were valued at US$422.6 million, with shareholders' equity valued at US$65.65 million. History NMB Bank Limited was founded in 1993 by Zimbabweans. At that time it was under the name ''National Merchant Bank of Zimbabwe''. In Ju ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NMB Bank Nepal
NMB Bank Nepal is a commercial bank in Nepal with headquarters in Kathmandu. The bank is licensed by central bank of Nepal, the Nepal Rastra Bank, and has 202 branches across the nation providing retail and commercial banking services. The bank's shares are publicly traded on the Nepal Stock Exchange. The Bank has a joint venture agreement with Netherlands Development Finance Company (FMO) a Dutch development bank which holds 13.69% of the bank's shares and is the largest shareholder of the Bank. History It was founded in May 2008 and is licensed as an "A" class financial institution. It was created as a merger with four financial institutions, Bhrikuti Development Bank, Pathibhara Bikas Bank, Prudential Finance Company, Clean Energy Development. In September 2016, the bank signed a joint venture agreement with the Netherlands Development Finance Company (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden, following which FMO became the single largest shareholder ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small To Medium Enterprises
{{disambiguation ...
Small means of insignificant size. Small may also refer to: Science and technology * SMALL, an ALGOL-like programming language * ''Small'' (journal), a nano-science publication * <small>, an HTML element that defines smaller text Arts and entertainment Fictional characters * Small, in the British children's show Big & Small Other uses * Small (surname) * List of people known as the Small * "Small", a song from the album ''The Cosmos Rocks'' by Queen + Paul Rodgers See also * Smal (other) * Smalls (other) Smalls may refer to: * Smalls (surname) * Camp Robert Smalls, a United States Naval training facility * Fort Robert Smalls, a Civil War redoubt * Smalls Creek, a northern tributary of the Parramatta River * Smalls Falls, a waterfall in Maine, USA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1993 Establishments In Zimbabwe
The General Assembly of the United Nations designated 1993 as: * International Year for the World's Indigenous People The year 1993 in the Kwajalein Atoll in the Marshall Islands had only 364 days, since its calendar advanced 24 hours to the Eastern Hemisphere side of the International Date Line, skipping August 21, 1993. Events January * January 1 ** Czechoslovakia ceases to exist, as the Czech Republic and Slovakia separate in the Dissolution of Czechoslovakia. ** The European Economic Community eliminates trade barriers and creates a European single market. ** International Radio and Television Organization ceases. * January 3 – In Moscow, Presidents George H. W. Bush (United States) and Boris Yeltsin (Russia) sign the second Strategic Arms Reduction Treaty. * January 5 ** US$7.4 million is stolen from the Brink's Armored Car Depot in Rochester, New York, in the fifth largest robbery in U.S. history. ** , a Liberian-registered oil tanker, runs aground off the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1993
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Zimbabwe
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Zimbabwe
The economy of Zimbabwe is a gold standard based economy. Zimbabwe has a $44 billion dollar informal economy in PPP terms which translates to 64.1% of the total economy. Agriculture and mining largely contribute to exports. The economy is estimated to be at $73 billion at the end of 2023. The country has reserves of metallurgical-grade chromite. Other commercial mineral deposits include coal, diamonds, lithium, asbestos, copper, nickel, gold, platinum and iron ore. After winning its independence from the United Kingdom in 1980, Zimbabwe has had a tumultuous economy, going from Africa's breadbasket to a country where, as of March 2025, over one-third of its population is facing food insecurity. The sweeping impact of land reform In 2000, Zimbabwe launched a controversial land reform that, over the next decade, would seize about 6,000 large, white-owned farms and convert them into over 168,000 black-owned farms. Many of the new occupants, mainly consisting of landless black ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Zimbabwe
This is a list of commercial banks in Zimbabwe, as updated mid-2024 by the Reserve Bank of Zimbabwe. List of commercial banks * AFC Commercial Bank Ltd, state-owned * African Banking Corporation Zimbabwe Ltd (BancABC), part of Atlas Mara Group * CBZ Bank Ltd * Ecobank Zimbabwe Ltd, part of Ecobank Group * FBC Bank Ltd, part of the FBC Group * First Capital Bank Zimbabwe Ltd, part of First Capital Bank Group * Metbank Ltd * Nedbank Zimbabwe Ltd, part of Nedbank Group * NMB Bank Ltd * Stanbic Bank Zimbabwe Ltd, part of Standard Bank Group * Standard Chartered Bank Zimbabwe Ltd, part of Standard Chartered Group * Steward Bank Ltd * ZB Bank Ltd (Zimbank) * Central Africa Building Society (CABS), part of Old Mutual Group * FBC Building Society, part of the FBC Group * National Building Society, state-owned * People's Own Savings Bank (POSB), state-owned * African Century Ltd, part of the African Century Group (Mauritius) * EmpowerBank Ltd, state-owned * GetBucks Microf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rabobank
Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Rabobank Nederland), and many specialised international offices and subsidiaries. Food and agribusiness constitute the primary international focus of the Rabobank Group. Rabobank is the second-largest bank in the Netherlands in terms of total assets. In terms of Tier 1 capital, the organisation is among the 50 largest financial institutions in the world. As of 2022, total assets amount to €628 billion with a net profit of €2.7 billion. Rabobank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. History Rooted in agriculture, Rabobank is set up as a federation of local credit unions that offer ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Financial Gazette
''The Financial Gazette'' is a weekly English language newspaper published in Zimbabwe. The paper, established in 1969, focuses on business, finance, and politics throughout Southern Africa. Headquartered in Harare, the paper also maintains a bureau in Bulawayo. Its slogan is "Southern Africa's Leading Business and Financial Newspaper". ''The Financial Gazettes distribution numbered 40,000 copies weekly in 2000, but surveys have placed readership of the printed edition at ten times that number, or 400,000 weekly. The paper's website attracts over one million hits per month, leading the publisher to claim that ''The Financial Gazette'' is Zimbabwe's most widely read newspaper. Operating under the repressive regime of Zimbabwe's President Robert Mugabe, questions have arisen regarding whether ''The Financial Gazette'' is truly independent and able to act as a free press. While once verifiably independent, persistent rumors have circulated that Mugabe's government now owns and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norfund
Norfund is a development finance institution established by the Norwegian Storting (parliament) in 1997 and owned by the Norwegian Ministry of Foreign Affairs. The fund receives its investment capital from the state budget, and surpluses in the portfolio are reinvested. Its head office is located in Oslo with local offices in Thailand, Costa Rica, Kenya, South Africa, Bangkok and Ghana. Norfund is also part of EDFI, the Association of European Development Finance Institutions. Mission Norfund's mission is to create jobs and to improve lives by investing in businesses that drive sustainable development in developing countries. In addition, Norfund invests in the transition to net zero emissions in emerging markets. The fund assists in building sustainable businesses and industries in developing countries by providing equity capital and other risk capital in businesses that would not otherwise be funded. The goal is to be catalytic by mobilizing private and commercial capital. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands Development Finance Company
FMO () is a Dutch development bank structured as a bilateral private-sector international financial institution based in the Hague, the Netherlands. Among others, FMO manages funds for the Ministries of Foreign Affairs and Economic Affairs of the Dutch government to maximize the development impact of private sector investments. It is licensed as a bank and supervised by the Dutch Central Bank. The Dutch government holds 51% of the shares, but FMO operates as a commercial company. Due to its relationship with the Dutch government, it is able to take risks which commercial financiers are not able or not prepared to take. The FMO has a AAA rating from Standard and Poor's. , the bank's total asset valuation was €8.32 billion (US$9.67 billion), and its shareholders' equity was €2.83 billion (US$3.29 billion). FMO's mandate is to provide long term capital for projects in countries in which commercial investors do not yet dare to invest. It invests risk capital in companies and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
