Intelligent news from Mozambique

Bank failures offer clues for things to come in Mozambique’s banking sector

0

First Moza, now Nosso Banco – with two failed banks in less than two months in a distressed economy, there is a broad expectation in the market that other banks could be in danger. A look at what the two failed banks have in common provides some clues where the weak links are.

© 2016, Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

Share.

Leave A Reply