Indo-Zambia bank gains high rating
Published On May 13, 2024 » 411 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
INDO-Zambia Bank (IZB) has been bestowed with a long-term rating of AA-and a short term rating 1 by Premier Rating Services Ltd.
Premier Rating Services Limited is a credit rating agency duly licenced to conduct credit rating business in the country by the Securities and Exchange Commission (SEC).
Premier Rating Services Chief Executive Officer Dionysius Makunka said the IZB long-term rating of AA- signified its robust financial position and ability to meet its obligations over an extended horizon.
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