Total lending from banks to the private sector has more than doubled over the past five years, but the share of the agriculture sector—the country’s mainstay— continues to shrink. Total lending by commercial banks rose from K637.3 billion in 2019 to K1.33 trillion in 2023 and is estimated to have exceeded K1.5 trillion in 2024.
To read more, click times.mw/etimes
