Tue, 13 Feb 2018 09:50:45 +0000 By BUUMBA CHIMBULU BARCLAYS Bank Zambia has announced that its total loan book currently stands at K3.3 billion and has since pledged to continue investing in key sectors of the economy this year. And the bank has announced that it has recorded an increase in profit before tax (PBT) which went up by 84 percent in 2017. In announcing the performance results, Barclays Bank Zambia managing director, Mizinga Melu, emphasised that the institution would this year continue to invest in key economic sectors such as manufacturing and agriculture. Ms. Melu also said the institution would also continue to place priority focus on its retail and corporate banking performance, whilst driving opportunities in business banking. “The bank continues to have a sound financial position reflected by its profitability, strong balance sheet and capital position which remains above regulatory requirements, “Furthermore, the bank will also continue to make significant investments in […]
