Name: Barclays Bank Ltd, Zambia



Barclays Zambia was established in 1918 and is now the largest private bank in the country.

Barclays employs more than 1,500 people in Zambia in 90 offices, branches and sales centres throughout the country.

As well as providing banking for individual customers, Barclays Zambia also offers services for commercial clients. In 1991 Barclays opened the first business banking centre in the country, in the capital city, Lusaka.

In Zambia, Barclays offers:

  • Retail Banking: everyday personal banking, including specific products and services developed for the local market

  • Barclays Commercial Bank: Barclays Zambia offers business banking services to corporate clients

  • Barclaycard: Provides customers nationwide with credit card facilities.

Elunda  Park, Addis Ababa roundabout
Box 31936 Lusaka


Name: Indo Zambia Bank


The Indo-Zambia bank, as is evident from its nomenclature, was born of a mixed parentage of three Indian state banks and the Zambian government in 1984.

it is a joint venture of four cultures. It is also the first ever project in which three Indian banks – Bank of India, Bank of Baroda and Central Bank of India – came together on an overseas platform, each contributing 20 percent towards the share capital, with the rest held by the government of Zambia.

This bank came into existence during the heyday of the Non Aligned Movement, when Zambia’s Kenneth Kaunda and India’s Indira Gandhi were striding the global stage propounding South-South cooperation.

Twenty-five years on, the bank still exists and thrives, with 12 branches, 260 local employees, nine Indian chief managers, one Indian managing director and a Zambian chairperson.

It survived the crisis in banking industry in Zambia during 1995-97, when eight banks folded up.

Their secret – ‘We have been running the bank in a typical conservative Indian manner,’

While the global recession did not impact Zambia in the last two years because of its small economy , it did go through a turbulent time in 2008 due to the sharp drop in the price of copper – the county’s life blood.

With profitability under strain, plans to open new branches were shelved for 2009-10. But, with copper prices having relatively bounced back, ‘next year they would definitely aim to open two-three more branches’.

In the last three years, credit has grown by 50 percent, deposits have grown by 30 percent and capital adequacy ratio is 40 percent,’ he said. The total deposits are now 679,764 million Kvacha (Rs.679.76 crore/about Rs. 6.8 billion/US$130 million

Indo Zambia Bank
Cairo Road,Post  Box 35411,Lusaka,Zambia
Phone 260-21-1-224652


Name: Standard Chartered Bank, Zambia


Our principles & values
Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term that is trusted worldwide for upholding high standards of corporate governance, social responsibility, environment protection and employee diversity.

Our business & strategy

Standard Chartered earns more than 90 per cent of its operating income and profits in Asia, Africa and the Middle East, generated by its Wholesale Banking and Consumer Banking businesses.
"We do business in markets we understand intimately, with customers with whom we have long-standing relationships, selling products we fully understand."

Our history

With a banking heritage spanning more than 150 years, Standard Chartered has developed extensive global reach and a strong position in emerging markets and new trade corridors.
Standard Chartered has a network of over 1,600 branches and outlets and 5,500 ATMs in more than 70 countries Globally.

The diversity of people in Standard Chartered a source of strength. Standard Chartered employs over 70,000 people, representing 125 nationalities, of which 68 are represented among senior management.
We sponsor people, projects and events that bring our values to life and make a difference in communities across the world.

Standard Chartered has committed to educate one million people on HIV/AIDS by 2010

As well as educating our own workforce, we are asking organisations from across the world to join us by educating their own workforces on HIV/AIDS.

Standard Chartered Bank (Z) Ltd
Box 31353,Lusaka
Phone: 260-21-1-228513

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