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Current events; Random article; ... (Top) 1 List of commercial banks. 2 See also. ... This is a list of commercial banks in Zimbabwe, ...
Banks Harare: 1980 Bank, part of CBZ Holdings: P A CBZ Holdings [6] Financials Financial services Harare: 1980 Multiple financial arms P A CFX Bank: Financials Banks Harare: 2006 Commercial bank, defunct in 2009 P D Colcom Foods: Consumer goods Food products Harare: 1943 Meat processing P A Cotton Company of Zimbabwe: Basic materials Forestry ...
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]
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The bank grew rapidly, and by 2003, it had become the largest bank in Zimbabwe by balance sheet size. However, its growth came with several problems. As the Zimbabwean economy deteriorated, managers of the bank started in engaging in non-core activities. In 2004, it was closed down by the Reserve Bank of Zimbabwe (RBZ), the national banking ...
The bank is a medium-sized retail bank in Zimbabwe. As of February 2017, the total asset valuation of the bank was US$226,058,440, with shareholders' equity of US$75,046,584. [2] In November 2013, the shareholders' equity was valued at US$76.9 million, making it one of the top five capitalized banks in the country. [7]
Metbank serves large corporations, small to medium enterprises (SMEs), as well as individuals. The bank partners with MasterCard to issue debit and credit cards. As of December 2016, Metbank was a medium-sized financial services provider, with an asset base of US$200.7 million, with shareholders' equity of US$55.9 million.
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 ...