AfrAsia Bank

Drummond Zimbabwe Holdings has instituted legal action against AfrAsia Bank after a row erupted over a piece of land.
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By Bridget Mananavire Zimbabweans have been ranked among Africa’s poorest citizens, with an average wealth of $200 per person, a survey by AfrAsia Bank (AfrAsia) has revealed. According to the study — Africa Wealth Report 2017 — …
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HARARE - The Depositor Protection Corporation (DPC) has so far disbursed over $1,4 million to AfrAsia Bank (AfrAsia) — formerly Kingdom Bank — depositors, with about $2 million still outstanding, businessdaily has established.
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HARARE - Zimbabwe’s former Prime Minister and opposition leader Morgan Tsvangirai is currently locked in a legal battle with a local financial institution over a $60 000 loan.
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HARARE - The Reserve Bank of Zimbabwe on Tuesday cancelled AfrAsia Bank Zimbabwe Limited (formerly Kingdom Bank)’s licence after it failed to meet minimum capital requirements, becoming the second bank to fold since the beginning of the…
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HARARE - AfrAsia Bank Limited (ABL) Mauritius chief executive James Benoit was recently in Zimbabwe to “firm up” discussions on the hunt for a new managing director for AfrAsia Bank Zimbabwe (ABZ) and strategies to solve the banking unit’s…
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BULAWAYO - Hard times have befallen AfrAsia Bank Bulawayo branch as clients can only access a paltry $50 daily. This comes as the bank, recently re-branded from Kingdom Bank following a 62,5 percent share takeover by AfrAsia Bank Mauritius…
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HARARE - AfrAsia Bank Limited (AfrAsia) is limiting depositors’ withdrawals due to solvency challenges.
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