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Home » CABS leverages retail forex deposits
Companies & Markets
CABS leverages retail forex deposits
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Almot Maqolo, Staff Writer
September 18, 2025
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CABS managing director Mehluli Mpofu
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CABS is focusing on growing its retail foreign currency deposits base to secure cheaper long-term finance and ease funding costs while carefully managing its exposure to local currency fluctuations.The bank wants to ensure that it minimises risk of exchange losses during sudden currency shocks, mainly from the volatile local currency.Retail deposits which consist of individual…
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