The Zimbabwe Asset Management Corporation (Private) Limited (ZAMCO) was established by the Reserve Bank of Zimbabwe in July 2014.
The Zimbabwe Asset Management Corporation (Private) Limited (ZAMCO) through its Bids and Awards Committee
Read and get an insight of the most frequently asked questions about The Zimbabwe Asset Management Corporation (Private) Limited
ZAMCO’s mandate is set out in Section 57A (1) (a) to (c) of the Reserve Bank Act. The key mandate is “ To acquire, reschedule, dispose of, hold, manage or otherwise settle non-performing loans of banking institutions”
Decisiveness
Integrity
Accountability
Team-work
Innovation
Confidentiality
Committed to value preservation and enhancement in the Zimbabwean economy by:
- Assisting banks focus on their core mandate through freeing up
key resources tied in Non-Performing Loans (NPLs)
- Effectively resolving acquired NPLs
- Extracting maximum value from NPLs and or underlying assets.
- Resuscitation of distressed companies
To be an integral player in value preservation and stabilization of the Zimbabwean economy.