BANKERS Association of Zambia Chief Executive Officer Leonard Mwanza says customer deposits grew by 21.6 per cent from K119 billion in 2022 to K145 billion in 2023. Speaking during the side lines of the 2023 Mid-Year Economic Performance, Mwanza said the total banking assets grew by 20 per cent at K196 billion from last year June. “I must say that the banking sector in the first half of the year has been quite resilient. We saw quite some growth in terms of the number of areas, one of the particular positive performance in the area of asset quality, I think our NPLs (non-performing loans) have been all five per cent, this has been running for the past two years. I...

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