with nmb bank nepal a commercial bank in nepal nmb bank limited type private industry financial services founded 1992 headquarters harare zimbabwe key people tendayi n. mundawarara chairman james mushore chief executive officer products loans savings checking investments debit cards credit cards mortgages revenue aftertax us 7.57 million 2012 total assets us 230 million 2013 1 number of employees 303 2012 website homepage nmb bank limited previously known as national merchant bank of zimbabwe limited is a commercial bank in zimbabwe . it is one of the commercial banks licensed by the reserve bank of zimbabwe the central bank of that country and the national banking regulator . 2 contents 1 overview 2 history 3 ownership 4 branch network 5 see also 6 references 7 external links overview edit the bank is a medium sized financial services institution that serves large corporations small to medium enterprises smes as well as individuals . it maintains over a dozen offices in zimbabwe . as of december 2012 update the bank s total assets were valued at us 226.53 million with shareholders equity valued at us 30.94 million . 3 the shareholders equity had increased to us 45.74 million by april 2013 following the injection of us 14.8 in new equity investments by africinvest norfund and netherlands development finance company fmo . 4 history edit nmb bank limited was founded in 1992 by zimbweans . 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 bank was granted a commercial banking licence . it commenced commercial banking services in july 2000 . 5 6 ownership edit the bank is a 100 % subsidiary of nmbz a zimbabwean investment and holding company . nmb bank limited is the principal subsidiary of nmbz . the stock of the holding company is listed on the zimbabwe stock exchange and on the london stock exchange . during the first quarter of 2013 the bank admitted three new international investors raising us 16 million in new capital in order to meet new capital requirements as directed by the reserve bank of zimbabwe . following those developments the five largest investors in the stock of the holding company include the following 7 shareholding in nmbz holdings limited rank shareholder percentage ownership 1 african century financial investments limited 17.05 2 old mutual zimbabwe limited 14.79 3 africinvest 8.38 4 norfund 8.38 5 netherlands development finance company fmo 8.38 6 others 43.02 total 100.00 branch network edit as of october 2013 update the bank maintains a network of branches at the following locations 8 main branch first floor unity court kwame nkrumah avenue at first street harare angwa city branch mezzanine floor angwa city kwame nkrumah avenue at angwa street harare avondale branch pasangano complex 20 king george road harare borrowdale branch shop 37 38 sam levy s village borrowdale harare electronic banking branch ground floor unity court kwame nkrumah ave at first street harare corporate banking branch 9 plymouth road southerton harare eastgate branch ground floor eastgate shopping centre robert mugabe road at second street harare joina city branch shop no 15 upper ground floor inez terrace at jason moyo avenue harare msasa branch 77 amby drive msasa harare southerton branch 9 plymouth road southerton harare bulawayo branch nmb centre george silundika avenue at leopold takawira street bulawayo gweru branch 36 robert mugabe road gweru mutare branch embassy building 64 second street at aerodrome road mutare see also edit list of banks in zimbabwe reserve bank of zimbabwe economy of zimbabwe references edit estimated total assets in q1 2014 list of licensed commercial banks in zimbabwe audited december 2012 financial statement nmb bank meets june capital requirements history of nmb bank limited detailed nmb bank limited developmental milestones for past 20 years shareholding in nmbz holdings in october 2013 list of nmb bank branches external links edit homepage of nmb bank limited company profile at investing.businessweek.com website of reserve bank of zimbabwe retrieved from https en.wikipedia.org w index.php title nmb bank limited & oldid 691080073 categories banks of zimbabwecompanies of zimbabwebanks established in 1992companies established in 1992harare1992 establishments in zimbabwehidden categories articles containing potentially dated statements from december 2012all articles containing potentially dated statementsarticles containing potentially dated statements from october 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction 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