The Zimbabwe Asset Management Corporation (Private) Limited (ZAMCO) was established by the Reserve Bank of Zimbabwe as part of holistic measures to deal with problem of rising non-performing loans (NPLs) in the banking sector. This was in recognition of fact that high NPLs invariably constrain banking institutions’ credit intermediation capacity, ultimately acting as a drag on economic growth.

Thus ZAMCO was set up with the specific mandate of efficiently resolving the non-performing loans of banking institutions in Zimbabwe through acquiring, restructuring and disposal of NPLs.

ZAMCO is committed to the principles of openness, integrity and accountability. All business dealings and relationships with all stakeholders are conducted with honesty and integrity and in accordance with generally accepted corporate practices.

Corporate Overview

Contact Details

5th Floor Hardwick House

72-74 Samora Machel Avenue, Harare, Zimbabwe

Telephone Numbers: +263 4 253172; 253169; 263165; 253117; 253182

Fax: +263 4 253476