[Update] Stanbic Bank reverses decision to change client terms and conditions, cites public misunderstanding of its intentions

Zimbabwean banks, Stanbic Africa, Standard Bank

Yesterday we reported that Stanbic Bank Zimbabwe had changed its client terms and conditions after the legalization of bond notes as legal tender through Statutory Instrument 133 of 2016 signed by the President earlier this week making. Stanbic’s public statement dated 1 November 2016, signed by its Chief Executive, served to notify all its clients of the […]

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[Update] Stanbic Bank reverses decision to change client terms and conditions, cites public misunderstanding of its intentions

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