Zimbabwe

As a follow-up to the 2019 FSSR, a hybrid technical assistance mission supported the Reserve Bank of Zimbabwe (RBZ) in finalizing the updated capital regulations based on the Basel III Capital Framework. Advancing the capital framework in Zimbabwe is a high priority. The mission reviewed and discussed the RBZ drafts, which were prepared in response to previous TA mission’s recommendations, with particular focus on standardized approaches for credit, operational and market risks; capital definition; leverage ratio; large exposures; and capital conservation buffer. The mission also delivered targeted training to RBZ banking supervisors.