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The bank was founded in 1996, registering as a corporate entity, receiving a banking license and commencing banking operations during that year. In the beginning, the institution was privately held and was known as Investrust Merchant Bank Zambia Limited. In 2002, the bank's name was changed to Investrust Bank 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. Investrust Bank Zambia Limited. Stanbic Bank Zambia Limited. Standard Chartered Bank Zambia Plc. United Bank for Africa Zambia Limited [5]
However, the bank was licensed in its present form in 1974. The bank is a member of the Absa Group Limited, which was a subsidiary of Barclays Bank Plc., until June 2017, when Barclays Plc decided to sell down its shares in the group. In March 2018, Barclays Africa Group made a decision to re-brand to Absa Group Limited. Name change. In 2016 ...
Zambia Consolidated Copper Mines (ZCCM), which operated ten mines, three smelters, two refineries and a tailings leach plant. ZCCM was owned by Zambia Industrial and Mining Corporation (60.3%), an Anglo-American subsidiary ZCI Holdings (27.2%), RST International (7.0%) and the public (5.5%). ZCCM was sold in 1998 for just US$627 million, split ...
Indo-Zambia Bank Limited: Financials Banks Lusaka: 1984 Commercial bank: Intermarket Bank: Financials Banks Lusaka: 1971: Acquired by Afriland First Bank (Cameroon) in 2010 Investrust Bank: Financials Banks Lusaka: 1996 Commercial bank, Lusaka Stock Exchange:INVE Kansanshi Mining Plc: Basic Materials Mining Solwezi: 2005
With annual inflation rates stalling above its 2% target, the Federal Reserve was expected to keep its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a ...
Video games are turning into streaming TV, putting ads into America’s favorite entertainment form
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.