GetBucks Microfinance Bank CE Terrence Mudangwe says the financial institution is treading cautiously in the issuance of mortgage loans, given the nature of its assets on the market, but is leveraging...
METBANK says it will focus its lending business on mortgage financing and commercial banking products that promote financial inclusion under a strategic plan that will determine the direction of the i...
RESERVE Bank of Zimbabwe governor John Mangudya on Monday told visiting Australian assistant secretary for Africa branch Gita Kamath that the country is ready to securitise its mineral resources in ex...
The country's mortgage lending rates are still too high, a scenario that is limiting the number of ordinary people who can access mortgage finance, an expert in the industry has said. Real Estate Inst...
Getbucks Microfinance Bank Ltd (Getbucks) is looking at doubling its mortgage loan book from current level of US$3 million on the back of the new political developments.Getbucks introduced mortgages t...
Zimbabwe Stock Exchange-listed Getbucks Microfinance Bank says it is has extended mortgage loans to the tune of around $600 000 as at mid-year.The deposit-taking microfinance institution started offer...
Zimbabwe's leading housing financiers provided mortgages worth $45 million during the first half of 2017 with the bulk of the advances financing new units. The Zimbabwe Association for Housing Finance...
THE People's Own Savings Bank (POSB) has disbursed $1,5 million in mortgage financing since certification early this year, as the bank announces its arrival in a competitive industry.The mortgage sect...
The People's Own Savings Bank (POSB) has launched a mortgage finance division as it spreads its products to increase revenue streams and consolidate its market.The new division seeks to finance housin...
STEWARD Bank has cut its interests rate to below eight percent and joined the bandwagon of institutions that offer mortgage facilities to clients for housing development.The bold move is likely to exc...
Government will not consider using the country's mineral resources as leverage to mobilise funds needed to revive the economy before conducting geological surveys of the resources available, an offici...
ZIMBABWE Stock Exchange-listed concern, Pearl Properties, recorded below-target revenue of $2,9 million for the four months to April 30, due to increasing rent arrears.General manager Francis Nyambiri...
Metbank is seeking to introduce mortgage finance as the bank seeks to revive the bank's profitability.The bank's chairman Wilson Manase said the new business line would be launched in the latter part ...
CABS says it will lend $100 million in mortgaging financing this year and has doubled the repayment period in a boost for the property sector.Responding to questions from NewsDay, CABS managing direct...
THE country's largest building society, CABS, has since 2010 disbursed $125,7 million in mortgage finance for 440 units, mostly low cost.Speaking at the Real Estate Institute of Zimbabwe workshop yest...
ZIMBABWE'S largest mortgage lender CABS has channelled $112 million into housing development over the last three years as liquidity constraints continue to bite the economy, the company has said.CABS...
Stakeholders in the construction industry are pinning their hopes on the availing of mortgage finance by financial institutions to boost their operational capacity to at least 60 percent.The construct...