NDB boasts P1.6bn of assets � Morapedi

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The National Development Bank (NDB) CEO, Lorato Morapedi says her bank’s balance sheet has grown by 217% in the last decade to an asset base of P1.6 billion. She has been the CEO since 2010.

As the NDB  celebrates 51 years, Morapedi hailed it as a profitable entity that has been paying dividends amounting to P130 million in the past 12 years. The NDB is currently undergoing transformation as it bids to go commercial, and Morapedi says  the bank is working hard to attain the achievable  goal.

The NDB  boss also says her bank has been on a robust drive to reduce debts by debt collection, a process that has seen them collecting P56 million last year.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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