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David Whatman

Ecobank secures $100m lines of credit

Ecobank Zimbabwe managed to secure over $100 million in lines of credit from group associates last year for onlending towards the importation of fuel, fertilisers, mining equipment and edible oils raw materials, a senior official has said.
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Banks become more prudent

By Paul Nyakazeya Local banks are tightening their lending in a move expected to stem losses in the financial sector, results for the year to December 31, 2016 have revealed. Banks said they would grow “quality loan books” and actively…
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