Business »
Thursday, 10 January 2013 12:34
HARARE - Capital Bank Corporation Limited (Capital Bank) has submitted its recapitalisation plan to the Reserve Bank of Zimbabwe (RBZ) after it missed the December 31, 2012 deadline. According to RBZ’s phased recapitalisation requirement, commercial and merchant banks are supposed to...Read More
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Business »
Friday, 28 December 2012 15:04
HARARE - Capital Bank Corporation Ltd (Capital Bank) is planning a $20 million rights issue, as part of efforts to comply with the Reserve Bank of Zimbabwe (RBZ)’s minimum capital requirements. With the Harare-based institution backed by a deep-pocketed shareholder in...Read More
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Business »
Wednesday, 15 August 2012 01:05
HARARE - Capital Bank Limited (Capital Bank) — formerly ReNaissance Merchant Bank (RMB) — is now on a firm footing that it has even managed to repay most of its depositors, managing director Lawrence Tamayi says. The institution recently completed a...Read More
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