Africa Monitor

Africa Monitor Intelligence

Mozambique: “FRELIMO Bank” exposure pressures BdM Governor

Mozambique: “FRELIMO Bank” exposure pressures BdM Governor

The National Investment Bank (BNI), owned by the Mozambican state and known in banking media for financing the public sector and FRELIMO, is considered, in an assessment of its financial strength, as the weakest of the country's financial institutions. READ MORE