BoZ takeover of DBZ timely – Experts
Published On July 24, 2023 » 1049 Views» By Times Reporter » Latest News
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By KETRA KALUNGA –
THE repossession of the Development Bank of Zambia (DBZ) by the Bank of Zambia (BoZ) is a timely move which may, however, create a gap in private sector financing in the country, economic experts have said.
The central bank announced on Friday evening that it had taken possession of the DBZ, a non-deposit taking financial institution, with immediate effect, for non-compliance with the banking and finance services regulations

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