DPC ‘sufficiently liquid’

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

THE Deposit Protection Corporation (DPC) says it has sufficient liquid assets to protect depositors in the event of a bank failure, despite the corporation increasingly focusing on non-monetary assets. DPC has aggressively restructured its investment portfolio, allocating approximately 80 percent of its funds to high-yielding non-monetary assets such as equities, real estate and real estate…

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