Tetrad to go commercial

TETRAD Investment Bank Limited (TIB) has inched closer to getting a commercial banking licence amid indications that the financial institution has partially met the revised minimum capital requirements announced by the Reserve Bank of Zimbabwe last year, a senior bank executive has said.

Report by Victoria Mtomba

TIB chief operating officer Emmanuel Chikaka yesterday told NewsDay Business that the institution was expecting to go into commercial banking by the end of the second quarter of this year.

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