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Zimbabwe central bank urges banks to increase ZiG lending

With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation has significantly diminished.This follow…

Published: 01 Mar 2025 at 08:56hrs | 205 | by Staff reporter

Mnangagwa's son says Zimbabwe banks no longer offering funding beyond 2025

Deputy Minister David Mnangagwa, responsible for Finance and Investment Promotion, has revealed that banks are no longer extending long-term funding options beyond 2025, coinciding with the planned conclusion of the multiple currencies sys…

Published: 09 Oct 2023 at 19:26hrs | 1 | by Staff reporter

CABS surplus doubles as lending rebounds

A RISE in non-interest income as loans went up at CABS, one of the country's biggest building societies, inspired a 130% increase in surplus in inflation adjusted terms for the year to December 2021, latest results showed yesterday.CABS' s…

Published: 31 Mar 2022 at 08:53hrs | 5 | by Staff reporter

'Govt debt crowding out private lending'

The Zimbabwean banking sector is seen stagnating owing to a credit crunch with client loan growth projected to contract by 4% by year-end given the rate at which Zimbabwean banks are buying Treasury Bills (TBs) at the expense of lending.Ac…

Published: 25 Nov 2017 at 14:54hrs | 2 | by Staff reporter

Borrowing/lending friends money

LET'S start by getting the syntax right, you borrow from and lend to. The concern here is on the informal means of borrowing/lending, not the official route of doing borrowing or lending.That being out of the way now let's deal with the re…

Published: 23 Mar 2016 at 05:31hrs | 1 | by Morris Mpala, MoB Capital

Zim banks to reduce lending

FINANCIAL institutions are most likely to reduce lending this year to minimise the risk posed by non-performing loans as was reflected in most banks' 2013 financials.ABC Holdings limited group chief executive officer Douglas Munatsi said t…

Published: 31 Mar 2014 at 10:23hrs | 2 | by Business reporter

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Search / Lending

Zimbabwe central bank urges banks to increase ZiG lending

Mnangagwa's son says Zimbabwe banks no longer offering funding beyond 2025

CABS surplus doubles as lending rebounds

'Govt debt crowding out private lending'

Borrowing/lending friends money

Zim banks to reduce lending

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