First Banking Corporation Limited (First Bank)
International Trade Finance, Commercial and Investment Banking in Zimbabwe.
Merchant Bank of Central Africa
||MBCA Bank Ltd is now tailored to give a full range of Retail banking products.
Reserve Bank of Zimbabwe
||The Reserve Bank of Zimbabwe has its origins in the Bank of Rhodesia and Nyasaland which was created in March 1956 as a central bank for the Federation of Rhodesia and Nyasaland. The Reserve Bank was the successor to the Central Currency Board, which had the sole right to issue currency.
Originally, the Bank was situated in Vincent (now Mapondera) Building in Harare from where the High Court of Zimbabwe currently operates, and later moved to Bank Chambers at 76 Samora Machel Avenue, in June 1957 as its new headquarters.
Following a rapid growth in its operations and staff complement, the Bank found it necessary to construct its current headquarters complex at 80 Samora Machel Avenue. The building, billed as the most technologically advanced in Zimbabwe, was officially opened by His Excellency, the President of the Republic of Zimbabwe, Robert Gabriel Mugabe, on May 31 1996.
The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides for the Board of Directors and the post of Governor who is responsible for the day-to-day administration and operations of the Bank. The Governor is assisted by three Deputy Governors.
The Governor and his three deputies are appointed by the State President for renewable five-year-terms. The board of directors is chaired by the Governor, and its membership includes three Deputy Governors and a maximum of seven other non-executive directors, appointed by the President and representing key sectors of the economy.
Stanbic Bank Zimbabwe
||Standard Bank results for the six months ended 30 June 2008 reflect the resilience of its businesses amidst continued global financial market turmoil.
Standard Chartered Bank Zimbabwe Limited was first established in the then Southern Rhodesia (now Zimbabwe) in 1892. At the time, the bank was called The Standard Bank of British South Africa. The first branch was located in a bell tent in the city of Bulawayo.
In 1962, the Standard Bank of British South Africa was renamed The Standard Bank Limited and its South African business was transferred to a locally incorporated subsidiary. In 1969 Standard Bank merged with The Chartered Bank to form Standard and Chartered Banking Group Limited.
In 1985 the parent company of the group was renamed Standard Chartered PLC.
Standard Chartered Bank Zimbabwe became the first Bank in Zimbabwe to introduce Automated Teller Machines (ATM) in 1990. Currently, the Bank’s ATM network is the largest in the country.
In 1992, the Bank commemorated a century of operations in Zimbabwe, and to further cement its leadership position in technological innovation, the Bank became the first commercial bank in Zimbabwe to establish a presence on the Internet in 1997.
Zimbabwe Development Bank
||Tel: +263 4 7501718/774226/7
Fax: +263 4 77-4225
Telex: 26279 ZDB ZW
E-mail: Not Known
99 Rotten Row
Postal Address: PO Box 1720, Harare, Zimbabwe
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