HARARE – Distressed government-owned Agribank’s losses widened to $9,2 million in the year to December 2013 from $5,6 million incurred in prior year due to non-performing loans (NPLs) , among other challenges. The agro-focused financial institution said it was weighed down heavily by impairment provisions amounting to $5,8 million during the period under review. Its…
Agribank records $9m loss
