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FBC receives US$10.1 million refund from StanChart Zimbabwe acquisition

FBC Bank branch in Graniteside, Harare (Picture via https://www.equityaxis.net/)

FBC Holdings Limited (FBCH) has announced that US$10.1 million has been returned to the company from the original US$34 million escrow deposit for the acquisition of Standard Chartered Bank Zimbabwe (SCBZ) and the Africa Enterprise Network Trust (AENT).

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