BANK of Zambia (BOZ) Governor Dr Denny Kalyalya says the Central Bank estimates that at the point of takeover, the insolvency level of Investrust Bank PLC was in the order of K850 million. And BOZ Deputy Governor Operations Francis Chipimo has revealed that the Central Bank plans on making the first payment to former Investrust customers on April 26, 2024. At a media briefing, Thursday, Dr Kalyalya said the insolvency estimate could only be confirmed after BOZ had concluded the preparation of the statement of affairs. “At the point of taking possession we estimate that the level of insolvency was in the order of K850 million. However, this is a preliminary position which will only be confirmed once we have...

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