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Author: Nathanael Mavinga
The International Bank for Africa in Congo (BIAC), placed under the management of the provisional administration committee of the Central Bank of Congo (BCC) since May 2016, is put into “forced liquidation”, according to a notice signed on October 9. 2020. “In accordance with the provisions of Articles 22, 23 and 56 of No. 003/2002 of February 2, 2002 relating to the activity and control of credit institutions, the International Bank for Africa in Congo, in the acronym B.I.A.C. s.a., is forced into liquidation, ”reads the document signed by Déogratias Mutombo, the governor of the BCC. To this end, he…
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