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Barclays Bank Zambia secures 31 million USD investment bond

Barclays Bank Zambia has secured a 125 billion kwacha (over 31 million U.S. dollars) investment bond from the European Investment Bank (EIB) in Luxembourg for lending to productive sectors of the economy of Zambia, Times of Zambia reported Thursday. Briefing journalists at the Barclays Bank head office in Lusaka Wednesday, managing director Zafar Masud said the development was set to capture the attention of international investors to the booming Zambian market….(read more)