News

Stanbic Bank Zimbabwe has cemented its reputation as a leading banking brand by winning a variety of accolades that include overall best-performing bank at the Banks and Banking Survey Awards 2024 ...
The rating upgrade also marks the realignment of Bank ABC’s ratings as investment grade across both major global agencies, with S&P also maintaining its ‘BBB-’ rating with Stable outlook.
Manama, Bahrain: Bank ABC (Arab Banking Corporation B.S.C.), a leading international bank headquartered in the Kingdom of Bahrain, is extremely pleas ...
WASHINGTON April 25, 2025 – The World Bank announced the Reserve Bank of Zimbabwe (RBZ) as the latest member of the Reserve Advisory & Management Partnership (RAMP). RBZ joins RAMP through a World ...
Stanbic Bank Zimbabwe achieves strong 2024 performance Stanbic Bank Zimbabwe achieved a historical cost profit of ZWG1,1 billion for the year ended 31 December 2024.
Sael Al Waary, Group CEO of Bank ABC, added: “Bank ABC has once again demonstrated resilience and excellence, delivering record-breaking results in 2024. This achievement is a testament to our ...
Zimbabwe could clear its arrears and rework $21 billion in debt that’s kept it locked out of international capital markets for more than a quarter of a century if it implements fiscal reforms ...
Balance Sheet: * ABC Islamic Bank’s total assets stood at $2.865 billion as of December 31, 2024, compared to $2.501 billion at 2023 year-end.
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STANBIC Bank Zimbabwe emerged the overall best-performing bank at the Zimbabwe Independent (ZimInd) Banks & Banking Survey awards ceremony held in Harare yesterday. Sponsored by First Capital Bank ...
Barclays analyst Marco Limite raised the firm’s price target on ZIM Integrated (ZIM) to $16.50 from $13.90 and keeps an Underweight rating on the shares. Post the Q3 report, the firm increased ...
The value of Zimbabwe's gold-backed currency plunged 44% Friday on the official market. The sudden drop of the gold backed currency, known as ZiG, began Friday shortly after the Reserve Bank of ...