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First Capital Bank Zambia Limited, is a commercial bank in Zambia that is licensed by the Bank of Zambia, the national banking regulator. [2] It is a subsidiary of FMBCapital Holdings Plc, a financial services conglomerate, based in Mauritius, whose shares of stock are listed on the Malawi Stock Exchange and has subsidiaries in Botswana, Malawi, Mozambique, Zambia and Zimbabwe.
ETSI and 3rd Generation Partnership Project (3GPP) standards, such as GSM and LTE, define supplementary service codes that make it possible to query and set certain service parameters (e.g., call forwarding) directly from mobile devices.
The user submits a code corresponding to the service available. USSD can be used to provide independent calling services such as a callback service (to reduce phone charges while roaming), enhance mobile marketing capabilities or interactive data services. USSD is commonly used by prepaid GSM cellular phones to query the available balance.
Bank of China (Zambia) Ltd (BOC), part of Bank of China Group; Citibank Zambia Ltd, part of Citigroup; Ecobank Zambia Ltd, part of Ecobank Group; First Alliance Bank Zambia Ltd (FAB) First Capital Bank Zambia Ltd (FCB), part of First Capital Bank Group; First National Bank Zambia Ltd (FNB), part of FirstRand Group; Indo-Zambia Bank Ltd
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. [3] [5]
The headquarters and main branch of the bank are located in Alliance House, at 627 Cairo Road, in the city of Lusaka, the capital and largest city of Zambia. [3] The geographical coordinates of the bank's headquarters are: 15°25'25.0"S, 28°16'57.0"E (Latitude:-15.423611; Longitude:28.282500).
The FirstRand group's history traces back to the 1970s as an investment bank.The group as currently was established on 1 April 1998, through a merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMB Holdings (RMBH) in order to achieve the objective of a unified financial services grouping.
The use of USSD increased by 14.5 per cent in March 2020, due to COVID-19 restrictions and in June same year, the value in monetary term was put at N390 billion and monthly average value of USSD transactions rose to N230 billion. Guaranty Trust Bank (GTB) alone reported ₦3.89 trillion in USSD transaction value for 2020. The USSD service ...