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Malawi’s FMB takes over Barclays Bank Zimbabwe

Malawi’s FMB takes over Barclays Bank Zimbabwe

BARCLAYS Plc has sold its majority stake in its Zimbabwean operation to Malawi’s First Merchant Bank (FMB), putting an end to months of a fierce bidding war to take over one of the country’s iconic financial institutions, Zimbabwe Independent can exclusively report. Barclays Bank Zimbabwe was established in 1912, and has operated in the country […]

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