Zanaco disburses K1bn to prop up SMEs
Published On January 10, 2022 » 1091 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA –
ZANACO Plc has disbursed K1 billion to support the Small and Medium Entrepreneurs (SMEs) in the last two years.
The bank was looking at growing the SME loan portfolio further so that small businesses from across sectors could turn the wheels of the economy, Zanaco chief executive officer Kalengo Simukoko said.
Addressing journalists in Lusaka recently, Mr Simukoko said Zanaco would continue to support the local SMEs as evidenced by the growing loan portfolio of almost K1billion.

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