Tetrad Investment Bank

Businessman Jameson Rushwaya is facing prospects of doing prison time after the High Court ruled in favour of an application imploring the courts to imprison him for failing to pay $174 000 owed to Tetrad Investment Bank.
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Creditors of closed Tetrad Investment Bank (TIB) are hopeful the financial institution can be revived and that they will become shareholders in the institution, which owes them over $50 million. TIB was closed by the Reserve Bank of…
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HARARE - Disgruntled Tetrad Investment Bank (TIB) depositors have formed a trust probing the struggling institution for a forensic audit, it has emerged.
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TETRAD Investment Bank mired by a negative core capital to the tune of US$38 million, is facing collapse due to non-performing loans accounting for 99 percent of the loan book, the bulk of which were made to related parties with no…
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HARARE - Tetrad Investment Bank’s future hangs in the balance as creditors and depositors meet for the last time today in the capital to decide the troubled financial institution’s fate.
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Beleaguered bank, Tetrad Investment Bank (TIB) has slid into provisional judicial management after failing to secure an investor by the end of January 2015.
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