CABS lines up new credit facilities to power lending growth
CABS is in advanced negotiations to secure additional lines of credit to support lending to productive sectors of the economy, as the building society moves to expand financing for key industries.
By Tatira Zwinoira
5h ago
Banks battle NPLs surge
A non-performing loan (NPL) is a sum of borrowed money, whose scheduled payments have not been made by the debtor for a period of time – usually 90 or 180 days.
By Kudzai Kuwaza
Jan. 6, 2023
Banks exploring lending in forex
This was in part due to local currency depreciation, as well as, exogenous factors, such as the increase in international prices of food and fuel.
By Kudzai Kuwaza
Jan. 6, 2023
Confidence will drive financial inclusion: BAZ
Mpofu said for the informal sector to access credit lines, they must have bank accounts.
By Melody Chikono
Oct. 23, 2022
