NMBZ piles up government paper

NMBZ piles up government paper
Published: 05 April 2018
DUAL-LISTED financial services group, NMBZ Holdings, increased portfolio of Treasury Bills (TBs) by 273 percent during the year to December 31, 2017.

Financial results from the Zimbabwe Stock Exchange-listed company, which also has a secondary listing on the London Stock Exchange, show that the amount of TBs held by the financial institution increased to $92,245 million by the close of the financial year to December 31, 2017, from $24,745 million held during the year to December 31, 2016.
- fingaz
Tags: NMBZ,

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