About NMB Bank
NMB Bank is a company based in Harare (Zimbabwe) founded in 1993. It operates as a Professional Services. NMB Bank has completed 1 acquisition, including Entrepreneurs Financial Centre. NMB Bank offers products and services including NMB Account, NMBConnect, NMB Visa, and Bulk Payments. NMB Bank operates in a competitive market with competitors including Scotiabank, CABS, Steward Bank, ZB Financial Holdings and Kreissparkasse Biberach, among others.
- Headquarter Harare, Zimbabwe
- Stage Public
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Nmb Bank Zimbabwe Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$5 M (USD), Debt – Conventional
May 17, 2017
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Investors
Norfund
& 2 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of NMB Bank
NMB Bank offers a comprehensive portfolio of products and services, including NMB Account, NMBConnect, NMB Visa, and Bulk Payments.
Personal accounts are offered for everyday banking needs.
Online banking services are provided for convenient transactions.
Visa cards are issued for banking convenience worldwide.
Customized payment solutions are provided for business needs.
People of NMB Bank
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Funding Insights of NMB Bank
Investors in NMB Bank
NMB Bank has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Norfund, FMO and Africinvest.
| Investor | Description | Founded Year | Domain | Location |
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It invests in developing countries to create jobs and improve lives
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Private equity firm
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Investor details for NMB Bank
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by NMB Bank
NMB Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Entrepreneurs Financial Centre.
Investment portfolio details for NMB Bank
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial banking services are offered in Lusaka, Zambia.
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Locked | Locked | 1996 | Locked |
Complete acquisition details for NMB Bank
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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- Domains and locations
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Financial Statements - NMB Bank
Detailed financials for NMB Bank
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Nmb Bank Comparisons
Peer comparison for NMB Bank
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Competitors of NMB Bank
NMB Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, CABS, Steward Bank, ZB Financial Holdings and Kreissparkasse Biberach, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are provided in Zimbabwe.
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A commercial bank offering deposits, loans, and payment services to customers.
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Offers banking, insurance, investments, and wealth management services in Zimbabwe.
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Provides retail and business banking services with online platforms and financial products.
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Detailed competitors of NMB Bank
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Latest news on Nmb Bank
Complete news archive for NMB Bank
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Frequently Asked Questions about NMB Bank
NMB Bank was founded in 1993 and raised its 1st funding round 20 years after it was founded.
NMB Bank is headquartered in Harare, Zimbabwe.
NMB Bank is established as a registered commercial bank in Zimbabwe, offering a range of personal and business banking solutions. Services are provided across sectors including personal accounts, online banking through NMBConnect, Visa card services, and telegraphic transfers. Business banking solutions are tailored for SMEs, agribusiness, and real estate financing. Customer support is facilitated through various channels including chat, email, and branch locators.
NMB Bank's top competitors include Scotiabank, CABS and Steward Bank.
NMB Bank offers NMB Account, NMBConnect, NMB Visa, and Bulk Payments.
NMB Bank has made 1 acquisition, including Entrepreneurs Financial Centre.
NMB Bank has 3 investors. Key investors include Norfund, FMO, and Africinvest.