NMB H1 profits surge 337%
Financial services group NMBZ Holdings Limited recorded a 337 percent surge in profit after tax to ZWG344 million for the six months ended 30 June 2026, with net interest income increasing 84 percent ZWG453.5 million during the same period.
NMB shifts focus, ramps up lending
NMBZ Holdings is ramping up lending activities as it seeks to grow interest income and reduce reliance on transaction-based revenue following recent regulatory changes that slashed banking fees across the sector.
Banks rethink profit drivers, as scrutiny tightens
Zimbabwe’s banking sector is undergoing a strategic shift, with major financial institutions increasingly turning to deposit mobilisation and loan growth as regulatory pressure squeezes traditional fee income streams.