Q1 2020 Profit & Loss Account Review slide image

Q1 2020 Profit & Loss Account Review

Clients NMB RESPONSE TO COVID-19 IMPACT Promote the usage of digital and self-service delivery channels Relief to customers through restructuring of loans Monitor quality of the SME, MSME and Corporate loans portfolio to limit expected impairment impact Business Continuity Activated Business Response Forum to ensure strategy re- calibration for business turnaround Activated Crisis Management protocols and regular monitoring at ExCo level via Crisis Management Meetings AGILITY DILIGENCE REPEAT The Spirit of Great Banking! Staff 24 Continuously educating staff on best practices to combat Covid-19 outbreak > Insist on social distancing among staff and guide customers accordingly Provided staff with protective gear (Face Masks, and Hand sanitizers) Split staff in three groups; Work from Home, Work from Disaster Recovery site, and Work from HQ building Overall Businesses have started to re-open. Government has issued assurances; No lockdown Strong capital position to absorb anticipated impact Strong business ties with salaried government employees and government has maintained stability throughout NMB Close to you
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