Advertisements
Home » EmpowerBank’s lending surges

EmpowerBank’s lending surges

0 comments

THE EmpowerBank’s gross lending increased by 159 percent to $61 million in 2020, driven by appetite for credit among its target customer-base, the youth. This comes as most banks have adopted a cautious approach to lending, with the average prudential liquidity ratio remaining high at around 70 percent, according to Reserve Bank of Zimbabwe (RBZ)…

Subscribe to read full article. Subscribe today
Advertisements

Related Posts

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More