Zimbabwe: IOBZ Membership On the Up

THE growth of the banking sector has seen membership of the Institute of Bankers of Zimbabwe (IOBZ) increasing phenomenally from a figure of about 5 600 in 1999 to about 7 600 at the end of March 2002, IOBZ president Livingstone Gwata, said this week.

Speaking at an IOBZ annual examinations ceremony on Tuesday, Gwata said the increasing membership, which totalled 800 members each year in the last three years, had been made possible by the overwhelming support the institute had received from member banks.

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