December 28, 2014 5:58 AM ET

Banks

Company Overview of Finance Bank Zambia Limited

Company Overview

Finance Bank Zambia Limited, a commercial bank, provides retail/consumer and corporate banking products and services. It offers account services and loans and credit facilities; salary backed loans, insurance premium and warehouse financing services, AutoFINANCE cards, and bankers acceptance; tender/bid, performance, and advance payment bonds; overdraft facilities and stand-by overdraft facilities; short term loans; and medium term loans that are designed for premises and factories enhancement, and the purchases for equipment and processing machinery. The company also provides project finance loans for large-scale civil engineering and construction operations, including housing projects; con...

Finance House

Cairo Road

P O Box 37102

Lusaka,  40338

Zambia

Founded in 1986

Phone:

260 211 229733

Fax:

260 211 227544

Key Executives for Finance Bank Zambia Limited

Chief Executive Officer and Managing Director
Executive Director of Finance
Executive Director of Operations
Director of Treasury and International Banking
Director of Human Resource
Compensation as of Fiscal Year 2014.

Finance Bank Zambia Limited Key Developments

FBZ Eyes TIB

Finance Bank Zambia Limited (FBZ) is planning to acquire majority stake in Tetrad Investment Bank (TIB).

Update On FBZ IPO

Finance Bank Zambia Limited plans to list 25% of its shares in an initial public offering. Rajan Mahtani, Chairman of Finance Bank Zambia, said that FBZ would be listed on London’s Alternative Investment Market (AIM), Lusaka Stock Exchange, Johannesburg Stock Exchange and Nairobi Stock Exchange by December 31, 2014.

FBZ Seeks IPO

Finance Bank Zambia Limited (FBZ) is planning an initial public offering (IPO). FBZ intends to list its shares on Alternative Investment Market, Lusaka and Nairobi stock exchanges before end of 2014. The motivation for listing is to diversify the shareholding portfolio and empower staff citizens, Zambian institutional investors and others to own their bank. As reported, FBZ has profit before tax of ZWK 117 million and net profit after tax of ZWK 71 million.

Similar Private Companies By Industry

Company Name Region
First National Bank Zambia Limited Middle East/Africa
Access Bank (Zambia) Limited Middle East/Africa
Citibank Zambia Limited Middle East/Africa
Stanbic Bank Zambia Limited Middle East/Africa
Finance Bank Zambia Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 26, 2014
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