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*Zim Acquired US$1 Billion Loans From Regional Banks In 2018 - RBZ* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?de Central Bank Governor Dr John Mangudya on Monday revealed that the country has acquired $985 million in loans from several regional banks in 2018. Mangudya was speaking before the Tendai Biti-chaired Parliamentary Portfolio Committee on Finance. Said Mangudya: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > At Afreximbank we have exposure of US$641 million, TDB (formerly PTA Bank) US$152 million. These are United States dollars and these are loans that are well-structured facilities. > The Afreximbank loan has got a rate of interest of 5 per cent above libor with a tenure of 5 years, the TDB loan is libor plus 6 per cent and tenure of 3 years. The current loans were contracted last year. All the external loans, if you add them together with the smaller ones, come to US$985 million. *More: The Herald* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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