Search results
Results From The WOW.Com Content Network
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 ...
Total assets. ZMW:18,557,608,000 (US$734.86 million) (2020) [1] Number of employees. 792 [1] Website. www .absa .co .zm /personal. Absa Bank Zambia Plc, formerly Barclays Bank of Zambia, is a commercial bank in Zambia. It is licensed by the Bank of Zambia, the central bank and national banking regulator. [2]
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 ...
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.
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
AB Bank Zambia is a commercial bank in Zambia, licensed by the Bank of Zambia and by the national banking regulator. 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 ...
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.