LUSAKA, Zambia – 26 April 2023 – First National Bank (FNB) Zambia is pleased to announcesupport of the 2023 Lusaka Business EXPO for the second year running. This is part of the Bank’s commitment to enhancing sustainablepartnerships that support business growth for Small and Medium Enterprises (SME’s) includingwomen-led businesses.
This year’s EXPO is running under the theme “Accelerating the growth of the digital economy through smart and green businesses that foster technological innovation”.
Speaking at the Lusaka Business EXPOsponsorship announcement, FNB Zambia Business & Commercial Banking Head, Mr. Kabanda Lilanda reaffirmed the Bank’s commitment to creating a better world through sustainable financial solutions that contribute to economic growth. This is translated in the commitment to working with like-minded organisations such as the PUSH Women Networkthat are collaborating with the Bank to helpZambian businesses start, run and grow.
“At FNB, we have developed SME lending products with low interest rates and flexible tenors to meet the unique needs of this key sector. FNB’s Vehicle and Asset Financing products can fund plant and machinery, alternative energy solutions, printing equipment, and other movable assets to enhance efficiency and growth. Importantly, customers who have banked with FNB for at least six months and have a good track record can access collateral-free loans for up to 36 months. To us, this is intuitive help that is focused on actualising real help and real solutions”, Mr. Lilanda said.
“We are excited to announce that FNB Zambia hasbeen conferred Best SME Bank Zambia 2023 bythe Finance Derivative Magazine. This is the second SME-related award FNB is being conferred with and its testament gives credence toFNB’s support to the SME sector. The awardcomes at a time when it has become critical to understand the business landscape and our customers so that we are ready to adapt to their ever-changing needs, being the Bank of The Changeables that we have become known for. Our commitment remains to create a better world by providing our diverse stakeholders with real help. We understand that there have been several challenges within the financial sector and want to ensure that we are part of the solution to providing meaningful financial services to all Zambians”, Mr. Lilanda added.
FNB Zambia was named the 2022 SME Bank of The Year Zambia by International Business Magazine and now the Best SME Bank Zambia 2023 by the Finance Derivative Magazine, a testament to the Bank’s commitment to continue leading with intuitive SME-led solutions. To help businesses operate sustainably and responsibly, the award-winning Bank also provides non-financial support through financial literacy, maintaining strong relationships with local chambers of commerce and business support entities that support SME’s, and a service model that facilitates a personalized banking experience for customers. The Bank’s products and services also cater to the marginalized women and aspiring entrepreneurs