RBZ warns Stanbic about “impacting credibility” of bond notes

Posted by Maveriq

Contrary to popular perception, Stanbic did not withdraw their statement on changes to customer terms and conditions due to pressure from Advocate Fadzayi Mahere’s letter or any pressure exerted by social media users. Instead according to a credible source who works for Stanbic, the bank was leveraged into the decision by the Reverse Bank of Zimbabwe.  Apparently the central bank was not amused that Stanbic was  impacting the credibility of the Bond Notes by appearing to be protecting themselves from any liability arising from using them.


More: TechZim Website


Bakers accuse Millers of abusing SI: 64 after 19% hike in wheat prices, price of bread may go up


Murder suspect remanded in custody after he tries to commit suicide twice

Leave a Reply

Your email address will not be published.