FBC clears CTC hurdle

Creates expansive, diverse banking portfolio

LIVINGSTONE MARUFU   Listed financial services provider, FBC Holdings Limited, has cleared the final  regulatory hurdle after it received  the approval of  the Competition Tariffs Commission (CTC),paving the way  for the lender to finalise  the acquisition  of rival Standard Chartered Bank Zimbabwe Limited (Stanchart),  Business Times can reveal. John Mushayavanhu, CEO of FBC Holdings, disclosed this to Business Times yesterday. He said that the acquisition…

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