LISTED financial institution, NMB Bank has put on hold plans to raise about $5 million mainly from pension funds to provide loans to small and medium enterprises after the bank managed to raise "more attractive" funds from other sources.NMB executive director (Treasury), Mr Felix Mangozho confirmed the development to the Herald Busines that the reason behind the move was that the bank managed to raise more attractive funds from other sources.
Mr Mangozho could, however, not specify the amount raised as well as the source of the money.
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