ZABGZimbabwe Allied Banking Group
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The Reserve Bank governor Gideon Gono's monetary policy statement in February, 2013 shows that rust Bank held a minimum capital of USD18,70 million while, ZABG had US$15,8 million as at the December deadline.
THL would get all of its remaining assets from ZABG, the banking group that emerged after the closure of Trust Banking Corporation and Royal Bank Zimbabwe in 2004.
ZABG is one of the three banks who is not able to fulfill minimum capital requirements of $12.