Ecobank buoyed by softening of Zim sanctions

ECOBANK is upbeat about the softening of economic sanctions on Zimbabwe which has brought renewed interest from international financiers previously hesitant to extend credit lines to local banks.Advertisements Over the past two decades international banks have been de-risking by withdrawing correspondent banking relationships with and extension of credit lines to Zimbabwe to avoid backlash from…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate

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