DEVELOPMENT Bank of Zambia (DBZ) board chairperson Noel Nkoma says the bank is targeting to secure not less than $50 million for lending next year. In an interview, Nkoma, however, said the bank was currently focusing on attaining optimum recapitalisation of about K1.2 billion, which would help strengthen its balance sheet. “As you know, the bank is under reconstruction meaning that our first assignment as the board working with management was to clean the balance sheet. Because the balance sheet is the heartbeat of the institution. Now, our model going forward is such that we want a bank which leverages what you call lines of credit from partner development financial institutions. Now, when we are talking about the partner development…...

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