FNB spends K1bn on projects

FirSt National Bank (FNB) Zambia has in the last 13 years spent over K1,6 billion (US$91,2 million) in financing projects aimed at stimulating growth in the agriculture and commercial property sectors. last Friday, the financial institution, a wholly-owned subsidiary of First rand Group South Africa, marked 13 years of operating in Zambia. The bank started operations in Zambia on April 1, 2009. “As we celebrate our 13th anniversary of operating in Zambia on April 1, 2022, it is gratifying that we continue to receive support from our valuable customers and stakeholders as well as our employees, who remain our biggest asset,” FNB Zambia chief executive officer Bydon longwe said. — Zambia Daily Mail.