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The Bank of Zambia has origins in the 1937 formation of the Southern Rhodesia Currency Board, which was based in Harare, in present-day Zimbabwe. The board's jurisdiction included Northern Rhodesia, now called Zambia and Nyasaland, known as Malawi today. In 1954, the Southern Rhodesia Currency Board was renamed the Currency Board of Rhodesia ...
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.
On July 1, 1966, the parliament approved the arrangements of the decimal currency system (Act 40 of 1966), changing the main currency unit to Kwacha, with one kwacha being equal to 100 ngwee. The exchange rate was set to one kwacha equivalent to ten Zambian shillings, or one half of a Zambian pound. Thus, by January 16, 1968, all Zambian pound ...
A Fifty Kwacha banknote was issued commemorating the 50th Independence Anniversary. Unlike the previous commemorative banknotes and coins of Zambia, the new commemorative banknote was the first commemorative banknote allowed in circulation as a legal tender in the country, bearing the same features of the existing Fifty Kwacha bills. [4]
Atlas Mara Bank Zambia – Lusaka, Zambia – 100% Shareholding – A commercial bank in Zambia, serving individuals and businesses. Was held through ABC Holdings Limited. In November 2015, Atlas Mara announced that it would be acquiring Finance Bank of Zambia and merge its operations to those of
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]
Atlas Mara Bank is a large retail bank serving individuals, small and medium sized enterprises, large corporations and government departments across Zambia. As of December 2016, the bank controlled US$616 million in assets. At that time its branch network totaled 65 full branches, 24 agencies and 177 automated teller machines.
AB Bank Zambia is a commercial bank in Zambia, licensed by the Bank of Zambia and by the national banking regulator. [1] It is a member of AccessHolding, a banking group which operates a network of commercial banks and microfinance institutions in developing and transition countries with a target group focus on micro, small and medium-sized enterprises.