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Reference is made to the Exchange Control Directive RZ56/2024 issued by the Reserve Bank of Zimbabwe on the 8th of April 2024.
We have successfully converted our systems from ZWL currency to ZiG.
Kindly note that the currency switchover process will disrupt transactions on all ZWL accounts.
Our Stakeholders are hereby notified that in terms of the Finance Act, 2023 (No. 13 of 2023), the Bank has been renamed from Infrastructure and Development Bank of Zimbabwe to Infrastructure and Development Bank of Zimbabwe
Following recent unsolicited newspaper articles, our offices and staff have been inundated with requests by members of the public as well different Government Agencies for details concerning the Project.
In 2020, the Infrastructure and Development Bank of Zimbabwe (“IDBZ”/ “the Bank”) was authorised by National Treasury, on behalf of the Government of Zimbabwe, to undertake an Infrastructure Bond Programme to raise up to ZWL2,000,000,000 (Two Billion Zimbabwe Dollars) to finance priority infrastructure projects.
Pursuant to the Press Statement of 4 July 2022, announced by the Governor on the introduction of the Mosi-oa-Tunya gold coins, the following terms and conditions shall apply.
The Infrastructure and Development Bank of Zimbabwe (IDBZ) wishes to advise its valued Customers that Stands at the Sumben Housing Project Phase 1, Mt Pleasant, are sold out.