Tetrad

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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