Friday 16 November 2018
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businessdaily - 4 month ago

Nedbank offers $75m offshore finance facility

NEDBANK Zimbabwe has availed a $75 million line of credit facility through its mother company, Nedbank South Africa under which pre-and post-shipment offshore finance will be offered to exporters.Speaking during the ZimTrade-Banks exports awareness seminar recently, Nedbank Zimbabwe acting business manager Patience Kadivirire revealed that the facility would offer concessionary interest rates. The...

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