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Stanbic complies with RBZ demands

HARARE – Stanbic Bank has surpassed the new Reserve Bank of Zimbabwe’s (RBZ) phased recapitalisation requirements by recording capital of $35,7 million as at half-year to June 30. According to the RBZ, all banks are expected to have at least 25 percent of the new prescribed levels for its class by December this year, 50…

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