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Home » Banks’ intermediation improves

Banks’ intermediation improves

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THE country’s total banking sector loans and advances increased by 61 percent from $142,79 billion in June 2021 to $229,94 billion in December, largely due to an increase in foreign currency denominated loans, the Reserve Bank of Zimbabwe (RBZ) has said. In his monetary policy statement published on Monday, RBZ governor John Mangudya said foreign…

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