Commercial Banks have been urged to reduce lending rates in conforming to the Bank of Zambia reduction of policy rate.
Zambia Union of Financial and Allied Workers President, Ackim Mweemba says commercial banks must pass on the benefits to their clients.
He says most civil servants and other people servicing their loans with various commercial banks are looking forward to reduce lending rates.
Mr. Mweemba was speaking to MUVI TV News in a walk in interview.
Banks Urged To Reduce Lending Rates
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