Company Information

Get to know Development Bank of Zambia

Established in 1972 by an Act of Parliament, the Development Bank of Zambia (DBZ) is a state-owned institution whose primary mission is to provide medium and long-term financing for development projects across the country. The bank focuses on supporting productive enterprises in key sectors such as agriculture, manufacturing, energy, tourism, and infrastructure to foster sustainable economic development and contribute to Zambia's national growth objectives.

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Development Bank of Zambia

Zambia

Founded in

1973 (53 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.