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Turnall disposal to boost capital: FBCH

HARARE – FBC Holdings (FBCH) says it will channel cash from the sale of its shareholding in non-core business Turnall Holdings Limited (Turnall) towards meeting its minimum capital requirements set by the Reserve Bank of Zimbabwe (RBZ). The group’s banking unit FBC Bank Limited (FBC Bank) has already complied with the central bank’s first recapitalisation…

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