We are pleased to share a key milestone in our continued commitment to building economic resilience and promoting shared prosperity in Zambia. In response to the ongoing drought and energy crisis, the Bank of Zambia introduced the Stability and Resilience Facility (SRF), a ZMW 5 billion fund to support financial stability and provide much needed support to clients impacted by this crisis.
FNB Zambia secured a significant portion of the fund to support SMEs and corporates in the agricultural and manufacturing sectors which remain critical to Zambia’s growth. Thanks to this partnership, we are helping businesses manage volatility, increase investment in renewable energy, reduce operational strain, and protect jobs.
This is shared prosperity in progress, on which our operations in Zambia are premised, that is the commitment to helping create a better world in the communities we operate in.
Our teams remain committed to continue to actively help unlock opportunities to enable us to disburse more funds under this facility,
turning our #Help philosophy into real impact.