Indo Zambia Bank total asset value hits K14bn
Published On October 31, 2023 » 371 Views» By Times Reporter » Business, Stories
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By KELVIN MUDENDA
INDO Zambia Bank (IZB) Limited total asset value currently stands at K14 billion.
IZB manager credit Caleb Bambala said as at 31 December last year, the financial institution had a total business of K14.29 billion and a total equity of K1.78 billion.
Mr Bambala said during the Zambia Institute of Human Resource Management (ZIHRM)
annual convention in Livingstone, that IZB had an operating profit of K826 million and net profit of K509 million.
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