Debt deal spurs banks’ desire for lending
Published On July 10, 2023 » 940 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
THE banks’ appetite to lend money to the private sector has increased following Zambia’s agreement with its official creditors on the debt restructuring process, an economic expert has said.
ZANACO chief risk officer Mutisunge Zulu says with the debt restructuring process, banks will now be able to lend money more freely to the private sector players who are the drivers of economic growth.

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