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NMB Bank Limited was founded in 1993 by Zimbabweans. At that time it was under the name National Merchant Bank of Zimbabwe. In June 1993, the bank was registered as an accepting house under the Banking Act. In 1997, the NMBZ Group was listed on the Zimbabwe Stock Exchange and simultaneously on the London Stock Exchange. In December 1999, NMB ...
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
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Initially NMB could only offer savings accounts, with limited lending capabilities. In 2005, NMB Bank was privatized and the Government of Tanzania, the sole owner of NMB until then, divested 49 percent shareholding to Rabobank of the Netherlands. Over the years since that time, further divestiture by the Tanzanian Government and subsequent ...
The headquarters of the bank and its min branch are located on the 14th Floor of Old Mutual Centre, at the corner of Third Street and Jason Moyo Avenue, in Harare, the capital and largest city in Zimbabwe. [1] The geographical coordinates of the bank's headquarters are: 17°49'46.0"S, 31°03'12.0"E (Latitude:-17.829444; Longitude:31.053333). [4]
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