Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Banking-sector compliance and corruption concerns
The bank faced a challenging environment involving alleged corruption, money-laundering risks and weaknesses in financial-sector governance. Its response included tighter controls and a new supervisory system that led to infringement proceedings.
2018
Government payroll payment-system collapse
A failure affecting payments to government employees was reported after a software provider discontinued service over non-payment. The Bank of Mozambique received part of the criticism associated with the disruption.