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Namibia's central bank assumes control of SME Bank
March 1, 2017 / 3:00 PM / 7 months ago

Namibia's central bank assumes control of SME Bank

WINDHOEK, March 1 (Reuters) - Namibia’s central bank has assumed control of SME Bank Limited, a lender focused on small businesses in the southern African nation, it said on Wednesday, citing investments that can pose a risk to the bank’s stability.

Writing by TJ Strydom; Editing by Tiisetso Motsoeneng

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