Mozambique: Central Bank Strengthens Oversight Of Access Bank With Resident Inspector Appointment

by admin-anb

The Bank of Mozambique (BM) appointed today, Wednesday, a resident inspector for Access Bank Mozambique with the aim of reinforcing the monitoring of that financial institution.

The Central Bank Statement adds that the resident inspector will have, among other tasks, the mission of monitoring the bank’s business model and strategy, monitoring and analyzing developments in the bank’s control system and participating in relevant meetings of collegial bodies.

According to the intermediate management report, Access Bank Mozambique’s profits fell from 99.6 million meticais at the end of the first half of 2023 to 69 million meticais on 30 June.

CARTA DE MOZAMBIQUE

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