DPC to pay US$1,3m to Allied depositors
THE Depositor Protection Corporation will immediately pay out US$1,3 million of the US$14,7 million owed to depositors of Allied Bank with the rest to be…
Allied Bank
Allied boss steps down
Allied Bank CEO Stephen Gwasira and the institution’s head of retail banking Herbert Ncube have stepped down from their positions.
Allied Bank problems worsen
ALLIED Bank workers have sought the intervention of the RBZ in a bid to end management and liquidity problems besetting the financial institution.
Trust Bank to merge with Allied Bank
TRUST Bank is in talks with Allied Bank over a potential partnership to enable the two financial insititutions to meet the RBZ’s first stage of minimum…
