Zambia has over the years attracted international banks into it’s growing economy. Here is a list of Top 5 Zambian Banks you most likely to bank with in Zambia. These banks already have a footprint across the continent and in Europe and North America. Check out the full list below
Standard Chartered Bank Zambia Plc was the first bank to open in Zambia. Established in 1906, the first branch opened in Kalomo District (Southern Province). Today, over 112 years later, Standard Chartered Bank remains one of the leading banks in Zambia, with an excellent franchise. The bank has 17 outlets spread across the country, with branches in the Copperbelt, Lusaka, Northern, North Western, Southern and Western provinces. Standard Chartered has over 60 Automated Teller Machines (ATMs) with some doubling up as Cash Deposit Machines (CDMs). Over 600 people work for the bank. Standard Chartered is the only international bank in Zambia listed on the Lusaka Stock Exchange (LUSE) and has been ranked the most profitable bank in the country for the last three consecutive years.
FNB Zambia offers a comprehensive range of products and services to the Zambian market under the leadership of a competent management team. The FNB Zambia Board of Directors was elected by the stockholders to represent their interest. The board is responsible for hiring the CEO, setting compensation policies, determining dividends, and evaluating performance. FNB Zambia offers a wide range of banking products, including Online Banking, Forex, home loans and day-to-day banking and other financial products.
Barclays Bank of Zambia is part of Absa Group Limited, an African financial services group that aims to be the pride of the continent. Absa Group Limited is listed on the Johannesburg Stock Exchange in South Africa and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 42,000 employees.
Stanbic is the acronym for the Standard Bank Investment Corporation, the holding company of the Standard Bank Group, which was founded in 1857.
The Standard Bank Group (trading as Stanbic Bank) currently operates in 20 African countries: Botswana, Congo, Ghana, Kenya, Lesotho, Madagascar, Malawi, Mozambique, Namibia, Nigeria, South Africa, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe.
Stanbic Bank (Zambia) Limited operates a network of 13 branches in Zambia and has implemented an expansion programme that will see the opening of another two branches in the next 12 months, making us your ideal financial and business partner.
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.
Access Bank Zambia Limited commenced operations in September 2008. The Bank is a member of the Access Bank Group, a leading multinational financial services franchise made up of seven African Banking subsidiaries and one in the United Kingdom.
Leveraging off the network and existing capabilities of the Group, we deliver full-scope commercial banking products and services to the Zambian banking populace and provide efficient Cash Management services within the various regional blocs where the Group’s subsidiaries operate.