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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 ...
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 ...
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. [4]
At the end of the year in 2015, the bank had an asset base of over US$773 million (TSh 1.69 trillion) and is the fourth-best capitalized commercial bank in the country, behind National Microfinance Bank, CRDB Bank and FBME Bank. [8] At the end of 2017, Tanzania's total banking assets were valued at TSh 29.97 trillion (US$13.2 billion). [3]
Om Development Bank 2019 Merged with NMB Bank [16] Kailash Bikash Bank 2020 Merged with Prime Commercial Bank [17] Deva Development Bank 2020 Acquired by Kumari Bank [18] Gandaki Bikash Bank 2020 Merged with Mega Bank Nepal [19] Tourism Development Bank 2018 Merged with Mega Bank Nepal [19] NIDC Development Bank 2018
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In 1986, post office banking services were privatized as Postbank N.V. and three years later it would merge with NMB bank to form NMB Postbank Groep. On 28 January 2025, ING has reached an agreement to sell its Russian operations to Global Development JSC, reducing its exposure to 1 billion euros, with the deal expected to close in 2025 and ...
The bank headquarters sits on a 7.5-acre site where there used to be a strip mall and a TGI Fridays restaurant, MetaBank, Twisted Vine Brewery and a Bank of America office. "We turned a blighted ...