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FBC Bank receives $60m loan

HARARE – Standard Chartered Zimbabwe (StanChart), Germany-based Commerzbank Aktiengesellschaft and Investec Asset Management Proprietary Limited have concluded a $60 million three-year syndicated term loan facility for FBC Bank Limited (FBC). The syndication is significant in that the funds will introduce valuable liquidity into the market, as well as enable FBC to support strategic growth sectors…

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