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Home » CBZ, BADEA pursue US$50m trade finance facility
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CBZ, BADEA pursue US$50m trade finance facility

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CBZ Bank managing director Valeta Mthimkhulu (left) and BADEA president Abdulla Khalil Al-Musaibih (right) signed the declaration on behalf of their respective institutions.
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CBZ Bank and the Arab Bank for Eco­nomic Development in Africa (BA­DEA) have taken steps towards secur­ing a proposed US$50 million trade finance facility that could improve access to funding for Zimbabwean businesses. The two financial institutions signed a declaration of intent on the sidelines of the World Bank Group and International Monetary Fund An­nual…

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