Standard Chartered Bank Zambia Announces Bonus Share Issue to Boost Capital Compliance
Lusaka, Zambia – Standard Chartered Bank Zambia PLC has announced a significant bonus share issue aimed at strengthening its capital base in line with the Bank of Zambia’s minimum paid-up share capital requirements. In a statement released today, the bank said it plans to increase its minimum paid-up share capital from ZMW 416,745,250 to ZMW…