L
lending rates
Whether you want to borrow
for business or personal
reasons, dealing with the
right bank is important.
Most Zambian banks see
better value in lending to the
Government than you or
your business because they
are perceived as ‘low risk’.
Look at banks that offer the
least ‘margin (percentage)’
above the Bank of Zambia
(BoZ) ‘policy rate’ and
lowest transaction fees (e.g.
arrangement fee). You can
keep track of the BoZ policy
rate here.
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