1 Barclays Bank of Zambia Limited
2 Development Bank of Zambia
3 Stanbic Bank Zambia Limited
4 Standard Chartered
Trading
List of Commercial Banks in Zambia
Published by Gbaf News
Posted on April 19, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- Key international and local commercial banks operate in Zambia, including Barclays, Stanbic, Standard Chartered and the Development Bank of Zambia.
- The Development Bank of Zambia focuses on development finance, while the others offer full commercial banking services.
- The list in the article omits several other prominent commercial banks operating in Zambia.
- Bank of Zambia provides an updated, comprehensive list of licensed commercial banks as of late 2024.
- Local institutions like Zambia Industrial Commercial Bank and Zanaco play major roles alongside global banks.
References
Frequently Asked Questions
Are these four banks the only commercial banks in Zambia?
No — as of late 2024, the Bank of Zambia lists many more licensed commercial banks operating in Zambia, including both international and local institutions.
What is the Development Bank of Zambia?
It is a national development finance institution established in 1972, focusing on long‑, medium‑ and short‑term finance, equity, advisory and technical support to stimulate Zambia’s economic growth.
Where can I find the full list of commercial banks in Zambia?
The Bank of Zambia maintains an updated list of licensed commercial banks in Zambia, most recently updated in late 2024.
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