RBZ revokes Cashbox licence

The Reserve Bank of Zimbabwe (RBZ)

Advertisements THE Reserve Bank of Zimbabwe has cancelled Cashbox Financial Services Microfinance Bank’s operating licence, citing failure to meet key regulatory requirements. Advertisements In a notice yesterday, the RBZ registrar of banking institutions, Philip Madamombe, said the cancellation takes immediate effect, citing multiple compliance breaches. “The cancellation of registration as a deposit-taking microfinance institution followed…

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