NMB | Profit warning announcement

Published: 07 February 2014
The Board of Directors (the "Board") of NMBZ Holdings Limited (the "Company") together with its subsidiaries (the "Group") would like to inform the shareholders of the Company and investors that the Board has reviewed the banking subsidiary's loan book and has consequently increased the impairment losses on loans and advances.

This will have a material impact on the results for the year ended 31 December 2013 and the Group will record an attributable loss for this period.

Notwithstanding the negative impact of the above-mentioned impairment losses on loans and advances, the capital position of the bank remains above the regulatory minimum. In addition, the capital adequacy and liquidity ratios for the banking subsidiary remain above the regulatory minimums.

In the meantime, the Board wishes to advise shareholders of the Company and investors to exercise caution when dealing in the shares of the Company.

NMB Profit Warning Announcement


- NMB
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