Maroc - HERALD.CO.ZW - A la Une - 09/Jan 22:20

RBZ unveils cheaper loans for productive sectors

Tapiwanashe Mangwiro, Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) has unveiled the operational modalities of the Targeted Finance Facility (TFF), with interest rates set at 20 percent for banks borrowing from the central bank and a maximum of 30 percent for on-lending to customers. The 30 percent maximum is below the average corporate […]