A proposed merger of Atlas Mara’s BancABC with Mozambique’s fourth-largest bank, Moza, is awaiting final approval from the Bank of Mozambique, Zitamar News has learned. The deal, which will see pan-African banking company Atlas Mara buy 49% of Moza from troubled Portuguese lender Novo Banco, was first reported by Bloomberg in May 2015 but did…...
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