CABS yet to secure 2019 credit lines

CABS Bank, a subsidiary of Old Mutual Zimbabwe, says it remains committed to capacitating the private sector, but will not be expecting any growth in its $800 million loan book as it has not secured any new lines of financing.

In emailed responses to NewsDay Business, the bank’s managing director Simon Hammond said the bank disbursed more than $400 million to the private sector in 2018.

“We disbursed more than $400 million to the private sector in 2018.

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