BoZ calls for Intermarket Bank reform views

BOZ building.

THE Bank of Zambia (BoZ) has called on depositors, creditors and other interested parties of Intermarket Bank Corporation for a hearing on the proposed restructuring process.

Last year, the central bank took possession of Intermarket Banking Corporation (IBC) after the company failed to meet its obligations.
In the 2018 national budget, Minister of Finance Felix Mutati announced that the shareholder agreement for the new restructured bank has been concluded and capital requirement has been met.

Facebook Feed

ePaper App

Follow Us on Twitter