Time Bank reopened in 2022 proposes $35B syndicate loans for land compensation, hyperinflation losses, and deposits in Zimbabwe.

Time Bank, reopened in 2022, proposes $35B syndicate loans to compensate 10 groups in Zimbabwe, including farm owners & indigenous people for land seized before & after 1980. The bank, offering limited services, plans to restore full banking services in phases. The loan plan also covers compensation for losses from 2008 hyperinflation & payments to banks' deposits from 2009.

August 27, 2024
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