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Annual Report Summaries, Investee Companies

Investrust Bank PLC Extract from 2023 Annual Report

Investrust Bank Plc is a financial institution in Zambia, and operations span across Zambia with a comprehensive network of branches.  

Investrust recorded an income of ZMW 202.8 million (2022: ZMW164.25 million). Investrust reported a net loss of ZMW758.18 million (2022: Loss of ZMW2.6 million).  

On the Lusaka Securities Exchange, the Bank’s share price closed at ZMW 25, maintaining the same level as in 2022.  

On April 2, 2024, the Bank of Zambia (“BoZ”) took possession of Investrust Bank Plc (“Investrust”). The possession of Investrust by BoZ was necessitated by its insolvency. On 24 April 2024, the Bank of Zambia cancelled the shareholding of ZCCM-IH in Investrust.  

There were no dividends declared during the period under review (December 2022: Nil).  

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