Finance Bank Zambia Is Operating Normally, Central Bank Says
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Finance Bank Zambia Ltd., the country’s biggest privately owned lender, is operating normally and customers shouldn’t be concerned about reports of higher than normal withdrawals, the Bank of Zambia said.
“There is absolutely no cause for alarm regarding a run,” Kanguya Mayondi, spokesman for the Lusaka-based central bank, said by phone today. Bank of Zambia officials are watching all 39 branches and normal banking occurred on Dec. 11 and yesterday, he said.