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Investrust depositors to receive first payment

By Masauso Mkwayaya

The Bank of Zambia – BOZ – says the first payment to depositors at the Investrust Bank in Possession, will be made on April 26, 2024.

Central Bank Governor, DENNY KALYALYA says the first payments will represent 90-percent of all deposits from about 57,000 deposit accounts.

The Central Bank has also announced that government has come on board and offered ONE-Billion kwacha support to attend to depositors’ money and the integrity of financial systems.

Speaking at a media briefing today in Lusaka, Dr. KALYALYA further said the maximum payment to be made on each account in the first round will be about 500,000 kwacha.

ZNBC