BoZ engages Investrust Bank defaulters
Published On April 16, 2024 » 590 Views» By Times Reporter » Business, Stories
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. Kalyalya

By KETRA KALUNGA –
THE Bank of Zambia (BoZ) is engaging depositors at Investrust Bank who have defaulted on their loans to ensure the money owed is paid back.
BoZ Governor Denny Kalyalya said the non-performing loans at the bank were quite high, and the central bank was working on a mechanism to ensure that the money was collected.
Dr Kalyalya said the central bank would use every legal avenue available to collect the money, including taking defaulters to court if need be.
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