Financial institutions seek K12bn from BoZ as stimulus package
Published On January 3, 2022 » 1127 Views» By Times Reporter » Business, Stories
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. Zimba

By MAIMBOLWA MULIKELELA –
THE Bank of Zambia (BoZ) has received applications worth K11.9 billion as at November 23, 2021 under the Targeted Medium-Term Refinancing Facility (TMTRF).
Applications are from banks and non-banks meant to access the K10 billion BoZ TMTRF.
The funds were put in place by BoZ to assist households and businesses that have been impacted by the Covid-19 pandemic.

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