News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*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?zi 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: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > 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* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback