This is why ‘banks’ need deposit insurance – bank failure
Jan23

This is why ‘banks’ need deposit insurance – bank failure

BANK FAILURE! The mere mention of these words would evoke panic and fear prompting many of us to form a queue at our respective banks’ ATMs. It is surprising then that our money in the form of bank deposits is not explicitly insured by mandate. There

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Here is what ‘really’ happened to InterMarket Bank Corporation
Jan19

Here is what ‘really’ happened to InterMarket Bank Corporation

InterMarket Bank Corporation Zambia (IBCZ) was ceased by Bank of Zambia on 28th November 2016 after falling into insolvency and failing to meet laws under the Banking and Financial Services Act. In addition to local laws international standards such as the capital requirements set by

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