Zimbabwe Banking
Banks fail to meet requirements
HARARE, July 30, 2010—At least seven banks have failed to meet the prescribed minimum capital requirements set by the Reserve Bank of Zimbabwe (RBZ) and have been directed to raise cash from shareholders or bring new partners, governor Gideon Gono said Thursday.
[Zimbabwe Banking] CBZ To Solve Change Headaches In Zimbabwe
Harare, July 20, 2010 - The Commercial Bank of Zimbabwe (CBZ) has offered to provide coins to businesses and ordinary people to avert change shortages when transacting. ...[Zimbabwe Banking] Zimbabweans Not Money Savers
Gweru, July16, 2010 - The President of the Bankers Association of Zimbabwe,(BAZ) Sij Biyam said failure by individuals and companies to bank money had contributed to the liquidity crunch. ...[Zimbabwe Banking] Zimbabwe Only Has US$1.9 billion In Deposits
Harare July 5, 2010 - Cash-strapped Zimbabwe currently only has US$1.9 billion in its commercial banking sector, Radio VOP can confirm....[Zimbabwe Banking] More Than 1000 Workers Face The Chop At Zimbabwe's Reserve Bank
Harare, May 31, 2030 - Saddled with huge debts and facing litigation from all corners, the troubled Reserve Bank of Zimbabwe (RBZ) has decided to retrench at least 1500 workers to save the institution from collapse. ...[Zimbabwe Banking] New Reserve Bank Of Zimbabwe Board
Harare, May 04, 2010 - Finance Minister Tendai Biti on Tuesday announced a new board of governors of the Reserve Bank of Zimbabwe (RBZ), which he said must bring sanity to the institution which is saddled by debts of more than US$1.2 billion dollars....[Zimbabwe Banking] Banking Business, No Longer A One Man Show
HARARE – There was a time when Zimbabwe’s banks were associated with certain individuals who were either founders or leaders running them. ...
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