IDBZ plans to issue trade finance bonds

Tariro TumbukayiStaff Writer The Infrastructure and Development Bank of Zimbabwe (IDBZ) plans to explore trade-finance-based bond issuances in the second half of 2025 to address constraints in supporting its ongoing projects.The development finance institution said it would align the instruments with investor risk-return preferences.IDBZ chief executive, Zondo Sakala, said this comes as the bank’s fundraising…

Subscribe to read full article. Subscribe today

Read more

Stanbic profit up on lending income

STANBIC Bank Zimbabwe (Stanbic)’s profit after tax (PAT) grew 2 417 percent to ZiG682,2 million in the six months ended June 30, 2025 from ZiG27,1 million a year earlier supported by net interest income from new lending assets.Net interest income reached ZiG840 million, up 125 percent from ZiG374 million achieved in the comparable period last…

Subscribe to read full article. Subscribe today

Read more

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