ZAMBIA Industrial Commercial Bank (ZICB) Chief Executive Officer Ngenda Nyambe says commercial banks need to pass on the benefits of the reduced Monetary Policy Rate to borrowers. Nyambe adds that the economy is stable in terms of inflation and exchange rates. Recently, the Bank of Zambia (BoZ) announced a reduction in the Monetary Policy Rate…...
1 min readBy Sherry Chabala
We’ll pass on benefits of reduced monetary policy rate to borrowers – ZICB

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