The Zimbabwe Asset Management Corporation (Private) Limited (ZAMCO) was established by the Reserve Bank of Zimbabwe in July 2014 as
The Zimbabwe Asset Management Corporation (Private) Limited (ZAMCO) through its Bids and Awards Committee invites all interested
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 “ acquiring, rescheduling, disposing of, holding, managing or otherwise settling non-performing loans of banking institutions; or on the direction of the Reserve Bank, managing, acquiring, restructuring and disposing of distressed or problem or failed banking institutions; or generally, performing such other functions related to the act or exercising any function conferred on the Bank”
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.