Peoples Microbank

NDB to secure commercial license for subsidiary

It is believed that after eight years of operating profitably, the NDB can take on bigger challenges.

With a commercial license the NDB aims to provide retail banking services to the masses, particularly the two million indigenous people who are currently unbanked.

Minister for Public Enterprise and State Investment, William Duma, recently sad the NDB is the leading State Owned Entity (SOE) in terms of implementing good corporate governance and best practice.