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NMB Bank (DAR:NMB) Altman Z-Score


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What is NMB Bank Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


NMB Bank (DAR:NMB) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ohio Street / Ali Hassan Mwinyi Road, P.O. Box 9213, Dar es Salaam, TZA
NMB Bank PLC provides various commercial banking services in Tanzania, including deposits on demand, provision of credit facilities, and other commercial banking services. It is organized into Retail banking, Wholesale banking, Treasury services, and Agribusiness.