(Reuters) - Zimbabwe's central bank on Tuesday cancelled the foreign currency dealership licence of a local bank saying it had illegally moved $4.8 million abroad.
NMB Bank Limited is one of the financial houses that remained after several locally-owned banks were closed in 2004 when the Reserve Bank of Zimbabwe (RBZ) launched a crackdown on errant institutions.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment