Saturday 5 December 2020
Home      All news      Contact us      RSS     
zambianobserver - 15 days ago

TANZANIA TAKES OVER CHINESE BANK

The Zambian Observer ~ TANZANIA TAKES OVER CHINESE BANK Tanzania’s central bank took over the management of China Commercial Bank Ltd. from Thursday due to liquidity problems as the East African nation continues to tighten up banking supervision and encourage consolidation. The Chinese lender failed to “meet regulatory requirements regarding capital adequacy and inability to effect restoration of capital [ ] The post TANZANIA TAKES OVER CHINESE BANK appeared first on The Zambian Observer.


Latest News
Hashtags:   

TANZANIA

 | 

TAKES

 | 

CHINESE

 | 

Sources