Business

Barclays Zambia to trade as Absa

Mizinga Melu.

KABANDA CHULU, Lusaka
BARCLAYS Bank Zambia will soon start trading as Absa Bank following the successful conclusion of the reduction by Barclays UK Plc of its majority shareholding in Barclays Africa Group.
And Barclays Bank Zambia managing director Mizinga Melu assured that the bank is not pulling out of the country despite the proposed name change.
The renaming of the Barclays Africa Group to Absa Group Limited will result in all its operations across the continent trading as Absa, pending shareholder and regulatory approvals in the respective markets.http://epaper.daily-mail.co.zm/

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