Getbucks banks on new shareholders

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GETBUCKS Microfinance bank is working on a recapitalisation plan with its new majority shareholders to enable the institution to meet the US$5 million minimum regulatory capital threshold. 

To be capital compliant, the deposit-taking microfinance bank needs to double its capital position which stood at ZWG36,1 million as at June 30, 2024 translating into US$2,6 million.

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