CBZ Holdings Limited has released its trading update for the period ended 30 September 2026, showcasing robust growth in key financial metrics. The Group’s total income rose by 8.7% to ZWG 4.60 billion, driven by a 3.5% increase in net funded income and an 11.0% surge in non-funded income.
Profit after tax grew by 0.9% to ZWG 1.12 billion, underpinned by strong performance across the Group’s diversified businesses. Gross written premiums increased by 36.4% to ZWG 538.0 million, while total assets expanded by 38.0% to ZWG 56.77 billion.
Customer deposits grew by 53.8% to ZWG 42.69 billion, supporting a 54.5% increase in loans and advances to ZWG 15.73 billion. The Group’s capital and liquidity positions remain strong, with total equity growing by 13.4% to ZWG 10.37 billion.
The banking business drove Group performance, bolstered by contributions from other subsidiaries, as CBZ Holdings continued to expand its diversified portfolio.
All regulated subsidiaries maintain capital levels above their respective regulatory minimums, with the Group’s ongoing capitalisation programme aligned to support its growth strategy.
The operating environment featured lower inflation and relative exchange-rate stability, creating a more predictable environment for financial intermediation. The Reserve Bank of Zimbabwe’s measured approach to monetary policy easing supported lower ZiG-denominated funding costs and improved the outlook for private-sector credit demand.
Looking ahead, CBZ Holdings says it will focus on market development, cost containment, and digital transformation to drive sustainable earnings growth and long-term shareholder value.
