THE Bank of Zambia has cut its Monetary Policy Rate by 250 basis points to 10.75%, and Governor Denny Kalyalya is urging commercial banks to pass on the benefit to consumers and businesses.
THE Bank of Zambia has cut its Monetary Policy Rate by 250 basis points to 10.75%, and Governor Denny Kalyalya is urging commercial banks to pass on the benefit to consumers and businesses.
The reduction means commercial banks can access funds at a lower cost, with the expectation that savings will be passed on through […] The post Bank of Zambia cuts policy rate to 10.75%, governor urges...
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THE Bank of Zambia has cut its Monetary Policy Rate by 250 basis points to 10.75%, and Governor Denny Kalyalya is urging commercial banks to pass on the benefit to consumers and businesses. The reduction means commercial banks can access funds at a lower cost, with the expectation that savings will be passed on through […] The post Bank of Zambia cuts policy rate to 10.75%, governor urges banks to lower lending rates first appeared on Mwebantu.
The reduction means commercial banks can access funds at a lower cost, with the expectation that savings will be passed on through […] The post Bank of Zambia cuts policy rate to 10.75%, governor urges banks to lower lending rates first appeared on Mwebantu.
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