Online Reporter
Nqobile Bhebhe-Zimpapers Business Hub
CABS is negotiating additional lines of credit earmarked for the productive sectors of the economy, adding to funding facilities secured from development partners that closed the 2025 financial year with a total limit of US$162,70 million.
The financial institution said the existing facilities were largely channelled towards key sectors, with agriculture and mining receiving the bulk of the support to drive production and value creation.
CABS managing director Mr Mehluli Mpofu said the society remains focused on mobilising affordable capital to underpin economic growth.
“The society remains committed to supporting national economic development by providing targeted financial solutions.
“CABS continue to play a significant role in capitalising primary and secondary industries through tailored credit facilities.
“We also facilitated strengthening cross-border commerce. During the reporting period, CABS managed to secure lines of credit from development partners, closing the year with a total limit of US$162,70 million,” he said in the annual report for the year ended December 31, 2025.
Mr Mpofu said the bulk of the funds were deployed into productive sectors, particularly agriculture and mining.
“These funds were mainly deployed to the agriculture and mining sectors with investments of over US$80 million and US$40 million, respectively.”
