RBZ revises banks’ capital

AdvertisementsTHE Reserve Bank of Zimbabwe (RBZ) has revised the minimum capital requirement for commercial banks to $200 million by 2020, from $100 million.Advertisements “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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