The year 2015 has come with numerous good news for Dr. Rajan Mahtani. On one hand, the bank has successfully started its operations in Malawi and on the other hand, the bank is set to start its share trading operations on the LuSE (Lusaka Stock Exchange). It is highly anticipated that the proposed events will break all previous performance records of Finance Bank Zambia.
December 2014 witnessed a deposit made by FBZ to the Zambian Treasury. The total value of deposit amounted to K90 Million which will serve as a booster for the Zambian economy. The development plans of FBZ include increasing the number of outlets to 62 and ATMs to 172. The present figure for outlets and ATMs stand at 58 and 122, respectively. The year will also witness the first ever share trading operation of FBZ. Most of the obligations have been fulfilled with the Securities Exchange Commission (SEC) and soon FBZ will start its activities on the Lusaka Stock Exchange. An additional benefit can arise later in the year when FBZ will get simultaneously listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
The list of upcoming development projects for FBZ is huge and with the determination of Dr. Rajan Mahtani the year looks to be a promising one for the Finance Bank of Zambia. With the blessing of God and the support of locals, Dr. Mahtani is definitely going to break all previous performance records of FBZ and set a new benchmark for all financial institutions in Zambia.