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ZB in talks for $30m line of credit
Mthandazo Nyoni ·
ZB Financial Holdings (ZBFH) is in talks with a regional bank for a $30 million line of credit, which will enable ZB Bank, its commercial banking subsidiary, to support international transactions.
The bank has also raised more than $80 million towards the second phase of a $1 billion Emergency Road Rehabilitation Fund.
ZBFH chief executive officer Ron Mutandagayi confirmed these developments in an interview with NewsDay.
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