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Local banks maintain ‘satisfactory’ NPL ratio

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ZIMBABWE’s banking sector non-performing loans (NPLs) slightly increased to 3,37 percent during the fourth quarter ended December 31, 2024, but remained below the global benchmark of five percent, latest data shows.The latest figures from the Reserve Bank of Zimbabwe (RBZ) suggest an increase in high-quality loans by local banks, due to the gradual recovery in…

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