Prime minister proposes legal reforms to strengthen banking institutions in Mozambique

Prime Minister Carlos Agostinho do Rosario today proposed legal reforms to allow the merging of banking institutions found to be in difficulties with those more durable. According to the prime minister, “the legislation in force does not allow the Bank of Mozambique to use the Deposit Guarantee Fund as an instrument for facilitating merger processes … Continue reading Prime minister proposes legal reforms to strengthen banking institutions in Mozambique