As the core operating entity, the analysis on CBZ Bank Limited reflects the strengths and weaknesses of the wider CBZ Holdings Limited Group. The ratings take into account the Group’s sound business profile supported by good levels of business diversification, franchise strength, and above average market shares.
The outlook is evolving premised on the volatile operating environment, monetary policy, exacerbated by hyperinflation creating high likelihood of frequent change on the financial profiles of financial institutions operating therein. National scale ratings reflect relativities to the local Zimbabwean peers only. Given the operating environment there is implied volatility in the ratings.