ZB Building Society liquidates
Real estate investor ZB Building Society (ZBBS) has been placed under liquidation in terms of the Insolvency Act [ Chapter 6:07], after voluntary surrender of its licence, the Deposit Protection Corporation (DPC) said.
Banks rethink profit drivers, as scrutiny tightens
Zimbabwe’s banking sector is undergoing a strategic shift, with major financial institutions increasingly turning to deposit mobilisation and loan growth as regulatory pressure squeezes traditional fee income streams.
Core operations sustain ZB Financial Holdings
The financial institution’s growth was primarily driven by commission income, lending activities and insurance operations.