Search results for 'Zimbabwe banking'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Companies
First Capital's Non-Performing Loans Down to 3.7%: Testament to Enhanced Risk Management
First Capital Bank, Zimbabwe’s renowned financial services outfit, has achieved a remarkable feat in the first quarter of 2025, with non-performing loans (NPLs) plummeting from 7% in Q1 2024 to 3.66%
May 22, 2025
Companies
CBZ’s Digital Push Yields ZWG 2 Bn in Non-Funded Income, Interest Income Nears 1 Bn
CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi
Aug 22, 2025
Companies
TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts
TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin
Nov 06, 2025
Companies
CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge
CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba
Nov 13, 2025
Companies
Profit Triples, Wallets Shrink, Borrowings Surge: The Three Stories Inside InnBucks' Six Months
InnBucks MicroBank Limited has delivered half-year results for the six months ended 31 December 2025 that, at first reading, appear remarkable. Profit nearly tripled to ZWG 99.5 million from ZWG 33
Mar 04, 2026
Companies
The Banking Sector: How Zim Listed Banks Performed, What Shapes the 2026 Outlook
Zimbabwe's six listed banking groups closed the year to December 2025 having generated their strongest aggregate profitability in the post-hyperinflation era, collectively earning an estimated $140 mi
Apr 09, 2026
Zimbabwe
Zimbabwe Cuts Banking Costs: New Reforms Target MSME Formalisation, ZiG Adoption
For years, the cost of formal banking has pushed Zimbabwe's MSME economy into cash and informality. The financial sector reforms announced on 12 May directly attack that dynamic. Their success will be
May 13, 2026
Top Stories
Banks Split on Where to Put Deposits as Credit Shifts Toward Trade, Mining and Agriculture
Zimbabwe’s banks are entering H2 2026 with more deposits available for lending, but their interim results show that the allocation of that liquidity is becoming increasingly selective, and that the ri
5 hours agoBalance Sheet Illusion: Growing Deposits Mask Credit Quality Deterioration in Zimbabwe’s Banking Sector
Zimbabwe’s banking system entered the second half of 2026 with substantially larger balance sheets, but the H1 results show that the widening performance divide now extends beyond profitability into t
7 hours agoMachiavelli’s Politics of No Second Chance: How Court Closures, Treason Charges Threaten Zambia’s Mining Boom
Hakainde Hichilema enters his second term with the numerical strength of a decisive electoral victory and a political dispute that should have been comparatively easy to settle. He was officially decl
9 hours agoZimbabwe’s Mineral Leakages Shift from Border Smuggling to Under-Declaration and Fake Invoices
The Minerals Marketing Corporation of Zimbabwe has recorded 18 suspected mineral smuggling and irregular-movement cases between January and August 2026 involving about 2,654 tonnes of minerals and scr
1 day agoWeekly Currency Update: ZiG Enters September Stable as Tight Money, FX Buffers Contain Pressure
The Zimbabwe Gold opened on 31 August 2026, the last day of the month at ZiG26.6640 per US dollar, giving back part of the appreciation recorded during the previous week after closing Friday at ZiG26.
1 day ago
