HARARE – AfrAsia Bank Limited (ABL) says its Zimbabwean banking unit, AfrAsia Bank Zimbabwe Limited (ABZL), collapsed after negotiations with an international investor fell through at the last minute. The Mauritius-based group voluntarily surrendered ABZL’s banking licence to the Reserve Bank of Zimbabwe in February, paving way for the bank’s liquidation. James Benoit, ABL’s chief…
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