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Home » Time Bank misses compliance deadline
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Time Bank misses compliance deadline

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Since reopening in 2018, the bank has not been taking deposits and has only been focusing on investment banking activities.
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TIME Bank of Zimbabwe missed the December 31, 2024 deadline to shore up its capital levels to US$30 million in line with tier 1 commercial banks requirements.The bank was last year granted a reprieve by the Reserve Bank of Zimbabwe but managed to close the year with just US$5,37 million in capitalisation.“As part of the…

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