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…
USD loans dominate banks’ books
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.