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The bank serves the banking needs of large corporations, small and medium sized enterprises, individuals and government departments. The bank is a 100 percent subsidiary of United Bank for Africa , a Nigerian-headquartered financial services conglomerate, with banking subsidiaries in 20 sub-Saharan countries, whose total assets were valued at ...
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.
Years active. 1994–present. Known for. Business, management. Title. Chief executive officer. Absa Bank Zambia Plc [1] Mizinga Melu is a Zambian businesswoman, accountant, and bank executive. She is the current chief executive officer, of Absa Bank Zambia Plc, effective February 2017, based in Lusaka, the capital and largest city in the country.
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 ...
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 ...
Alma mater. University of Zambia. Mukwandi Walusiku Chibesakunda (born 3 December 1970) is a Zambian accountant and bank executive who currently serves as chief executive officer of Zambia's largest bank, ZANACO Bank PLC. She is the first female to hold the position.
Number of employees. 1,216 (2022) [3] Website. Homepage. 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.
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 ...