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Atlas Mara Bank Zambia Limited (AMBZL), commonly referred to as Atlas Mara Zambia, is a commercial bank in Zambia. Established on December 1, 2016 from the merger of BancABC Zambia Ltd. with Finance Bank Zambia Ltd., [2] [4] it is licensed by the Bank of Zambia , the central bank and national banking regulator.
The board of the Bank of Zambia is composed of the governor, who is the chairperson, and six other directors appointed by the Minister of Finance and National Planning. The directors are appointed from among persons with professional or academic experience in business or financial matters and who are not officials or employees of the bank.
Access Bank Zambia Limited [2] Atlas Mara Bank Zambia Limited [3] Bank of China Zambia Limited. Citibank Zambia Limited. Ecobank Zambia Limited. First Alliance Bank Zambia Limited. First Capital Bank Zambia Limited. First National Bank of Zambia Limited [4] Indo-Zambia Bank Limited.
Rajan Mahtani. Rajan Mahtani (born 14 February 1948) is a Zambian business magnate who is Chairman of Finance Bank Zambia Limited, a medium-sized banking unit in Zambia. [1] He pursued a career in Finance and Law. He is a Fellow of the Chartered Association of Certified Accountants and holds a PhD in Commercial Law from the London Institute of ...
US$ 3.14 Billion (2017) Total equity. US$ 0.79 Billion (2017) Number of employees. ~6,500 (2015) Website. www .atlasmara .com. Atlas Mara Limited, formerly referred to as Atlas Mara Co-Nvest Limited, [3] is a financial services holding company formed to undertake the acquisition of target banks in Africa.
The bank is a large financial institution in Zambia. The institution serves the banking needs of large corporations, small and medium sized enterprises , individuals and government departments. As of 31 December 2020, the bank's total assets were valued at ZMW:18.558 billion (US$732.86 million), with shareholders' equity of ZMW:1,210,490,000 ...
Homepage. Zambia National Commercial Bank, commonly referred to by the name " Zanaco ", is a commercial bank in Zambia. It is licensed by Bank of Zambia, the central bank and national banking regulator. [4] In 2021, Zanaco became the first bank in Zambia to register ZMW1bn in profit after tax. [3] [5]
The restructured bank opened for business on 23 October 2018, in Lusaka, Zambia's capital city, with new shareholders and under new management, in a ceremony presided over by the then Minister of Finance, Margaret Mwanakatwe. The restructured bank was named Zambia Industrial Commercial Bank. Ownership
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