FCA cover will enhance confidence, bankers say

THE Bankers Association of Zimbabwe (BAZ) has welcomed the Deposit Protection Corporation (DPC)’s bid to cover foreign currency denominated accounts (FCAs), saying this would boost confidence. Advertisements Following the separation of depositor accounts into ZWL and FCAs in 2019, there has not been any explicit protection of Nostro funds in the country. The DPC this…

Subscribe to read full article. Subscribe today

Related posts

Business prays for bold RBZ measures

Growth target faces ‘turbulence’

Zim inflation surges in January

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More