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Home » RBZ revises banks’ capital
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RBZ revises banks’ capital

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THE Reserve Bank of Zimbabwe (RBZ) has revised the minimum capital requirement for commercial banks to $200 million by 2020, from $100 million. “Going forward, all Tier 1 banking institutions are required to hold core capital of at least ZWL$200 million by December 2020 in order to support risks associated with their business activities,” John…

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