‘Non-compliance led to loss of correspondent banking deals’
The RBZ last year revealed that Zimbabwe lost over 100 correspondent banking relationships which left most of the local banks excluded from the international banking system.
By Tafadzwa Mhlanga and Gamuchirai Nyamuziwa
Oct. 10, 2023
Correspondent banking platform built for local banks
In October 2022, the central bank revealed that an estimated 102 correspondent banking relationships had been lost over the last decade due to Zimbabwe’s high-risk profile.
By Tatira Zwinoira
Sep. 10, 2023
