Zimbabwe: Dpc Pays Out $3,2m to Depositors

27 April 2018

The Deposit Protection Corporation (DPC) that has so far paid out $3,2 million out of $6,4 million to clients of failed banks, is uncertain of full payment to prejudiced depositors due to chaotic bank databases and client's lack of knowledge of the compensation process.

DPC public relations manager Allen Masadziruma, told The Herald Business last week that reimbursements were progressing slowly due to lack of awareness by some clients who lost their money after the closure of several banks.

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