NMBZ Holdings Limited has announced a strong financial performance for the first quarter ended March 31, 2026, with profit after tax increasing to USD 8.3 million from USD 2.52 million in the comparable prior period. The group’s operating income grew by 59% to USD 24.2 million, driven by growth in net interest income and resilient fee and commission income.
Total assets at USD 390.8 million were 15% above prior year comparable period. Net loans and advances increased by 27% to USD 198.2 million, while the capital adequacy ratio was 24.30%, which was above the regulatory minimum of 12%.
The group’s performance was supported by the acquisition of EFC Zambia, which contributed USD 1.8 million to operating income. The group continues to focus on core lending, technology solutions, and prudent balance sheet management.
The domestic economic outlook for 2026 remains stable, with projected growth of around 5%, driven by agriculture and mining sectors. However, global financial conditions are expected to remain uncertain due to geopolitical risks and inflationary pressures.
NMBZ Holdings remains adequately capitalized, with a capital adequacy ratio of 24.30% and shareholder funds of USD 92.9 million. The company is positioned to continue operating as a going concern.
