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Home » USD loans dominate banks’ books
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USD loans dominate banks’ books

written by Adelaide Moyo, Group Managing Editor 0 comments
The RBZ said the banking sector reported an aggregate non-performing loan to total loans ratio (NPL) of 2,9 percent as of June 30, 2025 compared to 3,4 percent as at December 31, 2024.
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ZIMBABWE’s banking sector remains heavily dollarised, with foreign currency loans accounting for over 88 percent of money advanced by financial institutions, official figures show.According to the Reserve Bank of Zimbabwe (RBZ), foreign currency-denominated loans accounted for 88,4 percent of the banking sector aggregate loans as of June 30, 2025, highlighting the market’s strong preference for…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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