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Banks safe & sound: RBZ

RBZ governor, John Mushayavanhu

THE country’s banking sector remains stable and profitable, sustained by growth in deposits and asset base while non-performing loans remain within acceptable international benchmarks, the Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has said. In his latest monetary policy statement, Mushayavanhu said the banking sector, despite encountering some temporary liquidity shocks, withstood headwinds in…

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