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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.
Robert Nkous served as the Managing Director of Intermarket Banking Corporation, since January 2012. Closure. In 2016, the Bank of Zambia seized and closed Intermarket Bank on account of being insolvent and unable to meet its financial obligations. In February 2017, the central bank announced that it would re-structure the collapsed bank, to ...
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.
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.
Headquarters. Lusaka, Zambia. Products. Loans, Checking, Savings, Investments, Debit Cards. Total assets. US$14.6 million (2014) 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 ...
The bank is a medium-sized retail bank, serving the needs of Zambian companies, small and medium sized enterprises and individuals. As of December 2022 Access Bank Zambia had assets valued at ZMW:5,869,391,000 (approximately US$528.24 million), with shareholders equity of ZMW:962.87 million (US$86.66 million). [4]
Total assets. ZMW:940,577,000 (US$36,515,500) (2019) [1] Number of employees. 112 (2019) [1] Website. Homepage. First Alliance Bank Zambia Limited (FABZL), also known as First Alliance Bank (Zambia), is a commercial bank in Zambia. It is licensed by Bank of Zambia, the central bank and national banking regulator. [2]