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In November 2016, the Bank of Zambia took possession of the Intermarket Banking Corporation Zambia Limited, a commercial bank, which had become insolvent and unable to meet its financial obligations. In February 2017, the central bank announced that it would re-structure Intermarket Bank, to enable it to re-open. [2]
In February 2017, the central bank announced that it would re-structure the collapsed bank, to enable it to re-open. [7] After reaching agreements with the shareholders of the collapsed bank, the restructured bank was opened, with new shareholders and under new management, on 23 October 2018.The restructured bank was named Zambia Industrial ...
Ecobank Zambia Limited. First Alliance Bank Zambia Limited. First Capital Bank Zambia Limited. First National Bank of Zambia Limited [4] Indo-Zambia Bank Limited. Investrust Bank Zambia Limited. Stanbic Bank Zambia Limited. Standard Chartered Bank Zambia Plc. United Bank for Africa Zambia Limited [5]
A. AB Bank Zambia. Absa Bank Zambia. Access Bank Zambia. Atlas Mara Bank Zambia Limited.
Indo-Zambia Bank Limited: Financials Banks Lusaka: 1984 Commercial bank: Intermarket Bank: Financials Banks Lusaka: 1971 [5] Acquired by Afriland First Bank (Cameroon) in 2010 Investrust Bank: Financials Banks Lusaka: 1996 Commercial bank, Lusaka Stock Exchange:INVE Kansanshi Mining Plc [6] Basic Materials Mining Solwezi: 2005
Zambia - Intermarket Bank (80 percent shareholding) [4] The banking group was granted a commercial banking license by the Bank of Uganda , in September 2019. [ 5 ] After starting operations on 1 December 2020, the subsidiary voluntarily surrendered its banking license in May 2022, following a "strategic business review" by Afriland Group, who ...
Overview. Indo Zambia Bank is a leading Banking and financial services provider in Zambia, providing Corporate and retail services, viz Current, Savings and Fixed Deposits, Loans, Investments, Bank Assurance services, Trade Finance and Debit/Credit card, to the communities it serves. As of December 2023, the bank controlled total assets of ZMW ...
Stanchart Zambia is a subsidiary of the Standard Chartered Bank, an International financial services conglomerate, headquartered in London in the United Kingdom, with operations in more than sixty countries and a network of over 1,700 branches, employing in excess of 86,000 people. As of December 2017, the shares of stock of Standard Chartered ...