TDB guarantees NMB Bank loans to SMEs sector
The Eastern and Southern Trade and Development Bank (TDB), formerly the PTA Bank, yesterday signed a three-year ZWL1 million dollar credit guarantee in favour of NMB Bank, guaranteeing loans from NMB to Untu Capital for on-lending to small businesses. The guarantee, which was signed at TDB’s Southern African Regional Office in Newlands, Harare, enables NMB…