Zimbabwe: Tetrad's Recapitalisation Process Delays

4 August 2014

Tetrad Investment Bank says there have been delays in the implementation of its recapitalisation process due to outstanding certain regulatory approvals relating to the way the transaction is structured.

This has forced the bank to make contingency measures to prevent its restless creditors from making further claims to recover what is owed to them before completion of the recapitalisation process.

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