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Banco Terra relocates Maputo operations

Banco Terra today announced that is has successfully relocated its Maputo operations to a newly renovated office building at Avenida Samora Machel.

The bank commenced preparatory launch activities in early January of 2007 at a temporary location in Sommerschield II. The new permanent premises will house both the bank’s first branch as well as its national head office.

It is expected that construction will be finalized in the first months of next year, with the Maputo branch opening in the second quarter of 2008.

Maputo, December 18th 2007