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In the beginning, the institution was privately held and was known as Investrust Merchant Bank Zambia Limited. In 2002, the bank's name was changed to Investrust Bank Limited. During 2004, the bank's stock was provisionally listed on the Lusaka Stock Exchange (LUSE) for the first time. In 2007 the bank's stock became fully listed on the LUSE. [5]
Atlas Mara Bank Zambia Limited: Financials Banks Lusaka: 1986 Commercial bank, formerly Finance Bank Zambia Limited: P A First Alliance Bank Zambia Limited: Financials Banks Lusaka: 1994 Commercial bank P A FQM Trident Limited: Basic Materials Mining Kalumbila: 2006 [3] Products: Copper Ownership: First Quantum Minerals 100% [4] P A Indeni ...
During the year 2024, two entities delisted from the Exchange namely Taj Pamodzi Hotel and Investrust Bank Zambia Limited. During 2024 fiscal year the LuSE listed its first Real Estate Investment Trust (REIT) which was listed in USD. As things stand as of November 2024. The LuSE operates a multi-currency listings of both USD and Zambian Kwacha.
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Absa Bank Zambia Ltd, part of Absa Group; Access Bank Zambia Ltd, part of Access Bank Group; 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
In 1982 NCCM and RCM were merged into the giant Zambia Consolidated Copper Mines Ltd (ZCCM). [1] [2] After nationalisation, copper prices started declining, oil prices increased and the effects of using the mining industry as a cash cow started showing. Copper production in Zambia plummeted – from its peak of 750,000 tonnes (830,000 short ...
(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
The bank is a large financial institution in Zambia. The institution serves the banking needs of large corporations, small and medium sized enterprises , individuals and government departments. As of 31 December 2020, the bank's total assets were valued at ZMW:18.558 billion (US$732.86 million), with shareholders' equity of ZMW:1,210,490,000 ...