Instead of injecting cash, authorities opted to issue government guarantees, Ncube said during the presentation of the 2022 national budget on Thursday.
Instead of injecting cash, authorities opted to issue government guarantees, Ncube said during the presentation of the 2022 national budget on Thursday.
While some banks — especially those with foreign support, such as Stanbic Bank, Ecobank Zimbabwe and First Capital Bank — have already met their capital requirements, several banks, including FBC Bank, ZB Bank, BancABC, Steward Bank, and Agribank have reported that they were still working on fully meeting their capital requirements.
While some banks — especially those with foreign support, such as Stanbic Bank, Ecobank Zimbabwe and First Capital Bank — have already met their capital requirements, several banks, including FBC Bank, ZB Bank, BancABC, Steward Bank, and Agribank have reported that they were still working on fully meeting their capital requirements.