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CBZ Bank Ltd; Ecobank Zimbabwe Ltd, part of Ecobank Group; FBC Bank Ltd, part of the FBC Group; First Capital Bank Zimbabwe Ltd, part of First Capital Bank Group; Metbank Ltd; Nedbank Zimbabwe Ltd, part of Nedbank Group; NMB Bank Ltd; Stanbic Bank Zimbabwe Ltd, part of Standard Bank Group; Standard Chartered Bank Zimbabwe Ltd, part of Standard ...
NMB Bank Limited was founded in 1993 by Zimbabweans. At that time it was under the name National Merchant Bank of Zimbabwe. In June 1993, the bank was registered as an accepting house under the Banking Act. In 1997, the NMBZ Group was listed on the Zimbabwe Stock Exchange and simultaneously on the London Stock Exchange. In December 1999, NMB ...
The bank traces its history to the Reserve Bank of Rhodesia, founded on 22 May 1964, but which succeeded the Bank of Rhodesia and Nyasaland (1956-1963) which had been liquidated at the collapse of the Federation of Rhodesia and Nyasaland in 1963. [3]
The Reserve Bank of Zimbabwe announced plans for new Z$5,000 and Z$10,000 coins in June 2005, [65] although these were never actually struck. In its 2014 mid-term monetary policy statement, the Reserve Bank of Zimbabwe (RBZ) said it would import special coins, known as Zimbabwean bond coins, to ease a shortage of change in the economy. Like the ...
It was taken over by the Government of Zimbabwe in 1991, to avert looming liquidation and was renamed Commercial Bank of Zimbabwe Limited. The company was listed on the Zimbabwe Stock Exchange in 1998. In 2005, the company rebranded, creating CBZ Bank as the main business and CBZ Holdings Limited as the holding company. [7]
It is one of the commercial banks in the country, licensed by the Reserve Bank of Zimbabwe, the national banking regulator. [2] Trust Bank is a small financial services provider in Zimbabwe. [3] As of December 2011, the bank's total asset valuation was reported as US$38.5 million, with shareholder's equity of $14.8 million. [4] [5]
The Reserve Bank of Zimbabwe prepared the first series of banknotes for the newly-independent country in 1980, and released them into circulation in stages, from 15 April 1981 to 14 April 1982. [28] The 1980 series consisted of four denominations : $2, $5, $10 and $20 – and made extensive use of the Guilloché technique, a security feature ...
The bank was founded in 1956 by Rhodesia Selection Trust (RST) [5] as the Merchant Bank of Central Africa.Following the issuance of a commercial banking license by the Reserve Bank of Zimbabwe, the national banking regulator, the bank rebranded to MBCA Bank Limited in 2004.