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Zambia Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Zambia Banking.
Latest Zambia Banking News
- THE reduction of the Kwacha base-lending rate by Standard Chartered Bank, which will come into effect next month, is a positive move which will benefit the Zambian economy. 24 Nov 2009 06:13 GMT
... a positive move which will benefit the Zambian economy. Standard Chartered Bank announced yesterday that ... rate is at 19 per cent, more banks should emulate Standard Chartered. As President Rupiah Banda ... and were actually eroding confidence in the banking sector. That is why there is an ...
- TSX end higher on resource issues, banks 24 Nov 2009 04:35 GMT
... TSX end higher on resource issues, banks TORONTO (Reuters) - Toronto's main stock index pared ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...
- How Interfin Got Into Bed With CFX 24 Nov 2009 01:27 GMT
... CFX Financial Services (CFX FS) "begged" Interfin Holdings Limited to ... information obtained last week. Finance Bank of Zambia (FBZ) was the front runner for the ... 30 minimum capital deadline set by the central bank, FBZ executives had been shuttling between ...
- Monday wrap: TSX closes up, gold at another record high 24 Nov 2009 03:54 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. “I don’t think the ... also helped along by comments by U.S. central bank officials. “The Chicago Federal Reserve president ...
- Lending rates drop as economy stabilises 24 Nov 2009 06:44 GMT
... is vice-chairperson for the Bankers’ Association of Zambia, called on other financial institutions to review ... National Bank (FNB) in Lusaka, asked commercial banks to bring down loan interest rates because the ... rates and were eroding confidence in the banking sector. The president said there was equally ...
- Mine contractors get $50m 24 Nov 2009 06:44 GMT
... (Comesa), have provided US$50 million to help Zambian Mine contractors and suppliers to execute contracts. ... Jean-Louis Ekra singed on behalf of the banks while Keren Motors chief executive officer Berhane Kibrom ... carbon/ At the same function, West African Bankers Association president Agbai Abosi and his Comesa ...
- "I" Stories: Zambia: No longer scared in a house of my own 20 Nov 2009 18:11 GMT
... Marriage brings happiness to some, but for me it ... village in the Chooma district in Southern Zambia. I was doing my sixth grade. The ... first son was now working as a banker, and encouraged me to leave my abusive ...
- RPT-CANADA STOCKS-TSX ends higher on resource issues, banks 23 Nov 2009 22:54 GMT
... a bit of bullish sentiment for the banks,' said Elvis Picardo, an analyst and strategist ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...
- CANADA STOCKS-TSX end higher on resource issues, banks 23 Nov 2009 22:54 GMT
... a bit of bullish sentiment for the banks,' said Elvis Picardo, an analyst and strategist ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...
- Stock up, US$ weakens, commodities surge; Canadian retail sales post solid gain (Dollar-Markets) 23 Nov 2009 15:55 GMT
... ahead of earnings reports from the big banks over the next couple of weeks. Bank of Montreal (TSX:BMO), ... also helped along by comments by U.S. central bank officials. "Chicago Federal Reserve President gave ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ...
- Stock up, US$ weakens, commodities surge; Canadian retail sales post solid gain 23 Nov 2009 16:35 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of Montreal (TSX:BMO), ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Stocks surge amid strong retail, housing data; weak US$ boosts commodities (Dollar-Markets) 23 Nov 2009 17:28 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of Montreal (TSX:BMO), ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Solid Canadian retail sales, U.S. house resale data helps boost stock markets (Dollar-Markets) 23 Nov 2009 17:28 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don´t think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Solid Canadian retail sales, U.S. house resale data helps boost stock markets 23 Nov 2009 17:33 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Stocks surge amid strong retail, housing data; weak US$ boosts commodities 23 Nov 2009 17:33 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of Montreal (TSX:BMO), ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data (Dollar-Markets) 23 Nov 2009 19:57 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don´t think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- TSX gets boost from weak U.S. dollar 23 Nov 2009 20:21 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data 23 Nov 2009 20:36 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Housing and retail news give TSX a boost 23 Nov 2009 22:51 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- TSX closes up, gold at another record high; housing data helps take N.Y. ahead 23 Nov 2009 23:17 GMT
... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
... Nov 19 (Reuters) - The following company announcements, scheduled economic ... of the 2010 budget, go to ZIMBABWE CENTRAL BANK Zimbabwe's parliament on Wednesday unanimously approved ... critics of policies that ruined the economy. ZAMBIA OIL Zambia selected seven of eight foreign ...
- Oil Will Enrich Or Ruin Nation; And This is How [document] 20 Nov 2009 13:51 GMT
... Kampala — On October 16th 2009, University of Oxford's ... good Ministry of Finance and a good Central Bank; that is why it has been ... from depleting resources. Same is happening in Zambia with copper. You need to also save ...
- Footsie 100 points higher 23 Nov 2009 17:33 GMT
... of existing debt for contingent capital. Other banks, including were among the best performers. Confectionery company ... earlier. Miner has agreed to buy rival Zambia-focused base metal miner in a cash and ... 1,677.50p +4.00% Lonmin (LMI) 1,760.00p +3.96% Lloyds Banking Group (LLOY) 91.47p +3.77% Rio Tinto (RIO) ...
- Government to Advertise Projects 20 Nov 2009 14:59 GMT
... THE Government will in the next few weeks advertise ... the Private Public Partnership (PPP) initiative where Zambians and foreign firms are expected to participate ... included the development of a shopping mail, banking facilities at boarder posts and extending the ...
- DEALTALK-Buyers ready bids for BHP nickel cast-off 20 Nov 2009 07:55 GMT
... is on the verge of selling its Ravensthorpe nickel mine ... and Minara and Chinese state-funded MCC are banking on an eventual recovery in nickel prices. ... Fishtie and Bwana Mkubwa copper projects in Zambia among other mining assets. Its only Australian ...
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