DPC raises concern over idle bank accounts

The Deposit Protection Corporation of Zimbabwe is a statutory body that provides free deposit insurance for bank depositors.

THE Depositors Protection Corporation (DPC) says account holders need to actively use their bank accounts to help grow deposits in the country. Zimbabwe has, over the years, witnessed widespread account abandonment and inactivity, largely driven by reliance on the informal economy and lingering mistrust in the banking sector. Speaking at the Global Money Week CEO’s…

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