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CBZ HOLDINGS LIMITED · ZSE : CBZ

CBZ Holdings Limited

Largest bank by assets in Zimbabwe with insurance and asset-management arms.

32.84ZWG-0.175 (-0.53%)· today
Latest resultsAll filings

Key statistics

Market capUSD 22,528.24 M
Shares outstanding686 M
Day range32.50 – 33.10
52-week range18.20 – 34.05
Volume0.84 M
Avg vol (30d)1.04 M
P / E (ttm)6.80
Dividend yield5.10%
EPS (ttm)4.83
Beta (5Y)0.69
CBZ price (ZWG)·1Y · +415.09%
5.5614.5523.5432.5341.51
ZSE : CBZZWG
32.84
0.53%
Founded 1980

CBZ Holdings Limited

Largest bank by assets in Zimbabwe with insurance and asset-management arms.

www.cbz.co.zw

Founded
1980
Listed
1998
Financial year end
December
ISIN
ZW 000 901 196 7
Exchange
ZSE

CBZ Holdings Limited's flagship subsidiary, CBZ Bank, was established in 1980 as the Bank of Credit and Commerce Zimbabwe Limited. Following the collapse of its parent company, the bank was nationalised by the Zimbabwean government in 1991 and rebranded as the Commercial Bank of Zimbabwe Limited. It was fully privatised in 1998 through a listing on the Zimbabwe Stock Exchange. In 2005 the group restructured under CBZ Holdings Limited as the listed parent entity, with CBZ Bank as its core subsidiary. The group subsequently expanded through acquisitions such as Beverly Building Society (2007) and new ventures including Optimal Insurance (2006) and Red Sphere Finance microfinance services (2019), growing into a diversified financial services conglomerate with roughly 1,200 employees.

Corporate structure

CBZ Holdings operates through four business clusters. Banking: CBZ Bank Limited, Red Sphere Finance, and CBZ Custodial Services. Insurance: CBZ Life, CBZ Insurance, and CBZ Risk Advisory Services. Agri-Business: CBZ Agro-Yield. Investment: Datvest (asset management), CBZ Properties, CBZ Asset Management (Mauritius), and CBZ Capital. The Group is governed by a Board of Directors chaired on a non-executive basis, with an executive team led by the Group Chief Executive Officer responsible for day-to-day operations across the four clusters.

1980
Founded as BCCZ
Established as Bank of Credit and Commerce Zimbabwe.
1995
Renamed CBZ
Renamed Commercial Bank of Zimbabwe after government takeover.
2005
Holding-company structure
CBZ Holdings created with banking, insurance and asset-management subsidiaries.
2019
Largest by assets
CBZ becomes the largest bank in Zimbabwe by total assets.
2024
ZWG redenomination
Books and primary line re-denominated in Zimbabwe Gold.
Board & executive

Stewardship.

Composition of the board of directors and executive management team.

LZ
Luxon Zembe
Group Chairman (Non-Executive)
Luxon Zembe was appointed Chairman of CBZ Holdings Limited with effect from 19 April 2024, having served as Acting Chairman since 1 December 2023. He is a business management consultant with over 30 years of experience in corporate governance and strategic planning, has served on the Reserve Bank of Zimbabwe Advisory Board and Monetary Policy Committee, held executive positions at Standard Chartered Bank, and previously chaired ZB Financial Holdings Limited (2023-2024). He holds an MBA from Henley International Business School and is a Chartered Fellow of the Chartered Institute of Personnel Development (UK). No public photo could be sourced from CBZ's website at the time of writing.
LN
Lawrence Nyazema
Group Chief Executive Officer
Lawrence Nyazema has served as Group Chief Executive Officer of CBZ Holdings since his appointment took effect on 19 April 2024, having been Acting CEO since 1 December 2023 following the resignation of former CEO Blessing Mudavanhu. No public photo could be sourced from CBZ's website at the time of writing.
SENS · ZSE

Announcements & cautionaries.

Regulatory filings, dividend declarations and trading updates.

All filings →
DIVIDEND19 May 2026

Interim dividend of USc 2.10 declared

CBZ Holdings board declares interim cash dividend; record date 06 June 2026, payment 20 June 2026.

READ ANNOUNCEMENT
Latest results highlights

Financial performance.

Source: company filings via the Stock Exchange News Service.

Net income (Q1)
USD 38 M
+22.4% YoY
Net interest margin
7.4 %
+40 bps
Cost-to-income ratio
44.2 %
−180 bps
Return on equity
24.6 %
+220 bps

Revenue & EBITDA — seven-year trend

USD millions, group consolidated.

RevenueEBITDA
01132273404532020202120222023202420252026

Reports & filings

PDF
Integrated Annual Report 2025
PDF · 7.4 MB
PDF
Audited Financial Statements 2025
PDF · 3.0 MB
PDF
Q1 2026 Trading Update
PDF · 612 KB
PDF
Basel III Pillar 3 Disclosure
PDF · 1.4 MB
Investor relations

Calendar & register.

Forward-looking corporate calendar and the latest disclosed shareholder structure.

Financial calendar

25 May 2026
CBZ Holdings — interim results
SENS · ZSE · 07:30:00
06 Jun 2026
CBZ — interim dividend record date
ZSE
20 Jun 2026
CBZ — interim dividend payment date
ZSE
21 Jun 2026
CBZ Holdings — 46th Annual General Meeting
Harare · 09:30:00
25 Aug 2026
CBZ Holdings — H1 results
SENS · ZSE · 07:30:00

Shareholder structure