Zimbabwe: Banks Prioritise Productive Sectors in Loan Disbursements

Zimbabwe’s banking sector is now giving priority to the key productive sectors of the economy after loans to these critical segments of the economy accounted for 72,25 percent of total disbursements last year, reports the Reserve Bank of Zimbabwe.

Zimbabwe’s main productive sectors are agriculture, mining, tourism, and manufacturing.

The banking sector has been sourcing lines of credit from different financiers globally to support the key sectors, mainly businesses that are export-orientated or,…