Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i

Esteemed Bank, First Capital, reports that its non-performing loans (NPL) ratio has continued to decrease, reaching the lowest level in the first quarter of 2024 at 7%. This is an improvement from 8%

First Capital Bank's loans to customers in HY24 increased to ZWG1.3 billion (US$94.7 million) from ZWG1.2 billion (US$86.1 million) at the end of 2023, reflecting a growth rate of 11.2%. This positiv

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

The largest seed house in the country, Seed Co is currently struggling  with financial challenges attributed to delayed payments from the government, which owes the company US$8.6 million. This outst

NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

Zimbabwe’s banking sector has demonstrated resilience and adaptability in the first quarter of 2025, overcoming a complex economic environment shaped by the ZiG currency’s introduction, inflationary p

People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce

Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th

It also outlines a governance chain that is intended to reduce counterparty risk. The statement points to independent custody of physical assets by Kreston Zimbabwe, professional asset management by S