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Cabs assets surpass $1bn

HARARE – Old Mutual’s mortgage lending unit Central African Building Society (Cabs) total asset base increased by 22 percent to $1 billion from $852 million in the year to December 2015 mainly driven by a 27 percent growth in deposits. Cabs’ chairman Leonard Tsumba said total assets now stood at $1,04 billion while the society’s…

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