nmb
8/10/2025 11:45pm
The NMB ETF, which tracks the Simplify National Muni Bond ETF, experienced a slight pre-market decrease of 0.44% on July 28, 2025, followed by a recovery trend throughout the next two weeks, with a peak increase of 0.64% on August 4, 2025.
The recent news highlights several initiatives by NMB Bank, including the launch of a digital payment card for Tanzanian SMEs in collaboration with Mastercard, aimed at enhancing payment security and transaction efficiency across major trade corridors. Additionally, NMB Bank's partnership with Instacart for National Mango Day, offering free mangos to consumers, demonstrates its commitment to community engagement and marketing initiatives.
Furthermore, NMB Bank's sustainable investment initiative, supported by a memorandum of understanding with IFC and MetLife, aims to issue green bonds worth $60 million to invest in climate projects and renewable energy sectors, contributing to climate adaptation and sustainability in Nepal.
In a separate development, NMB Microfinance converted 9% of its founder's stake into general public shares, indicating a move towards greater transparency and potential public confidence in the institution.
In conclusion, NMB has shown resilience in its ETF performance and is actively involved in innovative initiatives that reflect its commitment to technological advancement, community engagement, and sustainable development.