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Allied Bank, was a commercial bank in Zimbabwe that closed in 2015. [1] The bank regulator cancelled its license on 8 January 2015 after determining that the bank was "no longer in a safe and sound condition, grossly undercapitalised and facing chronic liquidity challenges" [ 2 ]
Agricultural Development Bank of Zimbabwe; Allied Bank Zimbabwe Limited; C. CBZ Bank Limited; CFX Bank; E. Ecobank Zimbabwe; F. FBC Bank; First Capital Bank Zimbabwe ...
Infrastructure Development Bank of Zimbabwe (IDBZ), state-owned Small and Medium Enterprises Development Corporation (SMEDCO), state-owned AFC Land & Development Bank of Zimbabwe Ltd, state-owned
Allied Bank Zimbabwe Limited, a commercial bank in Zimbabwe Allied Bank Uganda Limited, the name of Bank of Africa (Uganda) from 1996 until 2006 Topics referred to by the same term
The bank was founded in 1996 as Trust Merchant Bank. It transformed its banking licence to commercial banking licence in 2000, paving the way for its transition to Trust Banking Corporation. 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.
On August 19, 1977, it was authorized to operate an expanded foreign currency deposit unit (FCDU) and in December 1981 granted to operate as expanded commercial bank or universal bank. As of December 31, 2007, Allied Bank was the 9th largest private domestic commercial bank in the country in terms of total deposits, and the 10th largest in ...
Pages in category "2005 establishments in Zimbabwe" ... Allied Bank Zimbabwe Limited; B. ... Infrastructure Development Bank of Zimbabwe; L. Lupane State University; M.
The bank was founded in 2001. In 2004, the Reserve Bank of Zimbabwe (RBZ), the national banking regulator, closed the bank down, together with Barbican Bank and Trust Banking Corporation. The assets of the three shuttered banks, were merged, to form Zimbabwe Allied Banking Group (ZABG).