Email a copy of 'Malawi’s First Merchant Bank takes over Barclays Bank Zimbabwe' to a friend
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Email a copy of 'Malawi’s First Merchant Bank takes over Barclays Bank Zimbabwe' to a friend
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Malawi Police in Kasungu have arrested Benjamin Kabanga 27, for allegedly setting ablaze a church. Kabanga set ablaze a Church...
Wow. These guys are taking over. I you are still banking with National you are living in the past
Good development. Now you will learn how better perks mean in Zimbabwe. You will appreciate that you have grown so huge, atleast by underpaying your workforce. Managers in Zim, are assigned top of the range vehicles, hefty salaries, Have I added entertainment allowance? Hard luck!
Congratulations FMB. Unfortunately Barclays Zimbabwe is currently run by cowboys who appoint friends and yes man to key positions. Their EXCO is made up of buddies and the HR Director employs his own and relatives of these. Its sad to note the misguided resistance by Barclays workers that was sponsored by the Executive Team in a bid to scuttle the deal. This requires you to go in quickly, close all looting avenues and then clean up the place. When Barclays UK started selling the bank, management in Zimbabwe went on a luxury car acquisition spree buying MERCEDES BENZS and LANDROVER… Read more »
As an interested person, Tafadzwa, your observation is in order. May be First Merchant Bank has taken note of the events at Barclays Zimbabwe. In any case First Merchant should be on the look to see to it that they have not taken over an entity that had already taken a management route which Bank of Credit and Commerce International (BCCI) took before collapsing few years ago.
The banks rip us off with high interest rates in Malawi in order to buy banks outside Malawi. Our government of crooks does not even protect us from these crooked bankers. Malawi will continue to cry until Chakwera goes to state house.
Wow! Kudos FMB.