Finance Bank Zambia - The Journey so Far

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Post on 30-Jul-2015



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<p> 1. Finance Bank ZambiaTHE JOURNEY SO FAR 2. Rajan Mahtani, Chairman of Finance BankZambiaDr. Rajan Lekhraj Mahtani, the owner ofFinance Bank Zambia and ZambeziPortland Cement Factory is the steppingstone to success for Zambia. He is aninspiration for the people of Zambia andother African countries.Apart from making his bank a public limitedcompany, he has also improved theinfrastructure and education in Zambia forits development. 3. After the death of former Zambian President, Michael Sata, Rajan Mahtanihave to carry the burden of Zambias development on his own shoulders allalone.A believer of Satas dream and his closefriend took the initiative of continuing withhis project and give it a shape. Therefore,FBZ on LuSE is a Step towards thesuccess of the country.Late Micheal Sata 4. News about FBZ on Lusaka Stock ExchangeFinance Bank of Zambia has now gained the status of a public limited companyand is eligible for stock exchange listing. According to verified sources, theChairman of Finance Bank Zambia, Rajan Mahtani has approached theSecurities and Exchange Commission (SEC) of Zambia to enlist FBZ on theLusaka Stock Exchange (LuSE). 5. Mahtani Group of Companies also confirmed that FBZ will soon offer 25% of itsshare to institutional investors and Zambian public.The whole structure of listing FBZis based on floating 25% shareswith intent to raise US $250million. However, the listing onLuSE is expected to be done bythe first quarter of the upcomingyear, 2015. 6. Dr. Mahtani also revealed that he is looking forward for some additional plansinclude listing FBZ in Alternative Investment Market (AIM) of the London StockExchange. With this his bank will get benefit of dual listing. This is one of thebiggest achievement for Zambia and its development. 7. The people of Zambia are motivated with the news of FBZ turning into a publiclimited company and will soon be listed on LuSE. It is now an aoth of everyZambian including Rajan Mahtani to make Michael Satas dream come true.Micheal Sata will live in the hearts of every Zambians forever. 8. Source You!!! </p>