ZB Financial Holdings (ZB)’s deposit balances reached ZiG5,07 billion in the first nine months of 2024 a 73 percent increase from December 31, 2023 levels attributing it to the success of its customer-centric approach in electronic banking.
During this period, ZB retained and attracted new customers despite the challenging market conditions in Zimbabwe, where businesses struggle to maintain stability amid policy shifts and economic stressors.
Accordingly, ZB reported a steady increase in insurance liabilities, which rose by 15 percent to ZiG497 million since December 2023.