Tue, 28 Feb 2017 11:01:37 +0000 BY MAILESI BANDA THE Industrial and Commercial Bank of China (ICBD) and Stanbic Bank are exploring new business opportunities to expand their co-operation into new areas and create solutions to challenges in accessing finance for big projects, Stanbic head of corporate and investment banking Helen Lubamba has announced. Ms. Lubamba acknowledged the role China had played in sectors such as construction, energy, tourism, agricultural and processing leading to more opportunities for socio-economic development in Zambia. She said Stanbic Bank was committed to ensuring that they provided capital for investments in construction, production and manufacturing sectors and that the bank had identified ICBD as a major partner in driving Zambia’s socio and economic growth. “As a bank we see ourselves as a major partner in China’s plans of increasing its investment in Zambia’s construction, production and manufacturing sectors, through the provision of the much-needed capital,” she said. She announced […]
