Finance Bank Zambia Limited (“FBZ”)

Finance Bank Zambia Limited (“FBZ”)

Submitted on: 08 May 09

Website Address: http://financebank.co.zm

Category: Finance

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Author's Description:

Finance Bank Zambia Limited (“FBZ”) is a fully licensed commercial bank offering a full range of banking products and services to public institutions and parastatals, as well as private sector including, international investors, multi-national organisations, development and aid-agencies, non-governmental organisations, major local corporate and other financial institutions as well as the full spectrum of retail and consumer banking.

Through the experience and expertise of FBZ’s executives and associates, together with a thorough knowledge of the Zambia market and its technical and proven capacity, FBZ is the primary Zambian based financial institution that can offer our clients a complete package of commercial and boutique banking services, business-linkage, combined with the timeous and efficient implementation of transactions as well as relationship / risk review capabilities, adherence to reporting schedules and strategic policy analysis.

FBZ represents a unique key to the Zambian, COMESA and Central African markets. As the leading and largest indigenous private bank, we have become a household name during our 20 years of service to the Zambian Community. Since inception, the Bank has continued to register strong performance and growth from an initial one single branch operation in Lusaka to an impressive network of 33 branches and 10 agencies located in all major commercial and agriculture centres of Zambia. Our network ranks second in the country and our branches stretch to the Malawi, Congo, Angola, Namibia and Zimbabwe borders.

Finance Bank leverages a strong nationwide presence to deliver a broad range of core banking and tailored financial services, with specialized financing provided through the Bank’s head office, through which we have been able to contribute significantly towards Zambian business and economic development.

In project financing the Bank has been a leader through our creative financing and funding mechanisms. In recent years over US$30million has been disbursed for small and medium-size business development. This portfolio currently stands at US$21million.

In partnership with the World Bank, Finance Bank has provided funding through the Enterprise Development Fund (“EDF”) for the acquisition and upgrading of productive assets, and for the expansion of capacity and production in sectors such as agriculture, milling, fisheries, manufacturing and hospitality. The Bank was also selected by the International Finance Corporation (“IFC”) to provide on-lending facilities for Zambian commercial projects.

FBZ is also cognisant of the need to continually improve the environment in which our staff operate to ensure that we meet the constantly rising expectation of our customers, both in terms of service quality and the Bank’s physical image. To meet both challenges, an intensive staff re-training programme has been initiated at all levels, with a view to match international best practices and develop the necessary confidence and capacity in our human resources. In addition, an ambitious refurbishment programme is currently underway which will further facilitate operational efficiency, customer comfort and greater pride in our institution.

FBZ currently employs nearly 600 personnel. As a local financial institution we understand the Zambian culture and values which is critical to our overall success. The Shareholders’ continued commitment to Zambia is demonstrated through the Bank’s equal emphasis on the rural communities. Our branch nationwide network now stands at 33 branches and 10 agencies and we are represented in all Zambian provinces.

Our expansion strategy includes identified sites at Mongu and Kasumbalesa.

Registered Address:

Plot 226, Finsbury House, Buteko Avenue, Ndola

Contact:
Tel: + (260) 211 229 733-40

Fax: + (260) 211 227 290

SWIFT: ZFBAZMLU

Telex: ZA 40338

Website: www.financebank.co.zm

E-mail: fbz@financebank.co.zm

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1 Comment

  1. PradeepkumarIshwarlal

    Respected Sir, I sent three times e-mail from India to your address but they all were returned to me.Plis inform me whether your e-mail address has changed?Plis let me know your e-mail address. I want some details.plis

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