Bank of Zambia (BOZ) Director of operations for Northern region Morris Mulomba says the central bank has taken keen interest in the Northern province because of its contribution to the Gross Domestic Product GDP.
Mr. Mulomba said Kanshashi and Lumwana mines have contributed significantly to the countries GDP saying the impact of the two mines is visible through the economic activities being experienced in areas of their operations.
He said this during the interactive cocktail party with business houses organized by Bank of Zambia held at Chabanga lodge in Solwezi over the weekend.
Speaking at the same function , Northern Western province deputy permanent secretary Nkolola Hazemba urged Financial institutions to consider investing in people through loan schemes so as to enable them to reinvest in the province.
He said banks must come up with low interest loans which people can easily access if they are to benefit from banking services.
Mr. Hazemba has since appealed to financial institutions to consider opening branches in other districts in the provinces so as to bring the financial services closer to the people.