FBZ will expand in Malawi
On December 15, 2014, the world witnessed the grand inauguration of Finance Bank Zambia in Lilongwe, the Capital of Malawi. As per the current report, FBZ is doing extremely well in a new country and is likely to open some more branches in the coming year. Additionally, it won’t be a surprise if there are other countries like Malawi who will see a branch of FBZ in their capital city.
FBZ will start its share trading operations
On November 2014, Dr. Mahtani confirmed in a press conference that his bank will be listed on the Lusaka Stock Exchange after being converted into a public limited company. He also mentioned that the share trade operations will commence from the first quarter of 2015.
FBZ on London Stock Exchange (AIM)
As a part of the Press Conference, Dr. Mahtani also did mention that his bank is looking for dual listing. On one hand, it is going to be the Lusaka Stock Exchange and on the other hand, the Alternative Investment Market (AIM) of the London Stock Exchange.
The probability of all these 3 events is more or less obvious given the situation in which the Finance Bank is growing at the moment. This is why Zambia has every reason to celebrate 2015 with their new hero, Dr. Rajan Mahtani.