Zimbabwean banking

Zimbabwean banking has faced economic challenges, including hyperinflation and currency instability, impacting how banks operate. Historically, the country used the Zimbabwean dollar, but due to inflation, it adopted foreign currencies like the US dollar and South African rand for stability. Banks offer standard services such as savings, loans, and electronic transactions, but customers often face issues like limited access, currency shortages, and a reliance on cash. The government and regulators work to stabilize the financial system, encouraging digital banking and financial inclusion, though economic fluctuations continue to influence banking practices and accessibility.