RBZ cancels AfrAsia Bank licence
The Reserve Bank of Zimbabwe today cancelled struggling AfrAsia Bank Zimbabwe’s operating licence after determining that the financial institution was no longer in a sound financial condition. “Members of the public are advised that on 24 February 2015, the Registrar of Banking Institutions cancelled AfrAsia Bank Zimbabwe Limited’s licence in terms of section 14 (4) … Continue reading RBZ cancels AfrAsia Bank licence
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