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Trust Bank

RioZim loses court case

Diversified mining group, RioZim Ltd’s latest attempt to have the loan it obtained from Trust Bank reduced to $500 000 from $1,8 million suffered another setback after the High Court of Zimbabwe dismissed the latest appeal.
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Trust Bank to be liquidated

TRUST Bank is facing liquidation after the Reserve Bank of Zimbabwe cancelled it’s banking licence over allegations of abuse of depositors’ funds and violation of the provisions of the Banking Act.
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RBZ cancels Trust Bank licence

The Reserve Bank of Zimbabwe (RBZ) has announced the cancelation of the banking licence for Trust Bank Corporation Limited accusing the financial institution of abusing depositor’s funds and being ‘financially unsound.’
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