BoZ takes over investrust
Published On April 3, 2024 » 517 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
 0 stars
Register to vote!

By SHARON KALIMBULA, JAMES KUNDA and ANDREW MULENGA –
THE Bank of Zambia (BoZ) has with immediate effect officially taken possession of the cash-strapped Investrust Bank.
The move is effective from yesterday after the BoZ declared the 28-year-old commercial bank insolvent in accordance with Section 64 of the Banking and Financial Services Act number 7 of 2017.

Read more

Share this post
Tags

About The Author