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Finance Bank Zambia’s listing halted and withdrawn - 2015

Finance Bank Zambia’s listing halted and withdrawn - 2015

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Finance Bank Zambia’s listing halted and withdrawn - 2015

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Presence of speculators in the market are creating too much impact in share trading whereby innocent investors are facing serious loss along with the company whose shares are being traded. Dr. Rajan Mahtani, the Finance Bank Chairman, has analysed the forthcoming trouble and has figured out the right way to avoid to this by retreating the process of listing on LuSE (Lusaka Stock Exchange).

More Info

One of the most widely anticipated program in Zambia has been halted due to adverse stock market conditions. The Finance Bank of Zambia has retreated its online listing program scheduled to commence by the end of March 2015. The reason behind such withdrawal is the growing volatile nature of the stock market which is not only hurting investors, but is also hurting the company as well.

Dr. Rajan Mahtani praised FBZ Plc for its wonderful contribution to the economy of Zambia and other African nation. Here are some words from Dr. Rajan Mahtani directly.

About: Finance Bank Zambia

Finance Bank Zambia Limited (FBZ), commonly referred to as Finance Bank, is a commercial bank in Zambia. It is one of the commercial banks in the country, licensed by the Bank of Zambia, the national banking regulator. The bank has a subsidiary; Zambezi Portland Cement Limited, in which the bank maintains 100% shareholding.

The news, however, been ‘once again’ highlighted as a conspiracy by Dr. Rajan Mahtani to betray President Lungu. The credit for sharing this rumour goes to the conspirators, as usual. The right reasons has been shadowed and the rumours are being circulated such the growing popularity of the Dr. Rajan Lekhraj Mahtani can be curbed. Sadly, the conspirators are failing to realize the fact that Dr. Mahtani is a respected person in Zambia and irrespective of what rumours are being spread, he continues to win the heart of millions through his hard work and achievements.