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Get to know Finance Bank Zambia Ltd

Founded in 1986, Finance Bank Zambia Ltd (FBZ) grew to become one of the largest indigenous commercial banks in Zambia. It provided a comprehensive range of banking services, including retail banking, corporate banking, treasury services, and international trade finance to individuals and businesses across the country. In 2016, FBZ was acquired by Atlas Mara Limited, which subsequently merged it with its other Zambian banking asset, African Banking Corporation (BancABC), to create a larger, more competitive entity. In 2021, Access Bank Plc completed the acquisition of Atlas Mara's Zambian operations, leading to the full integration of the former Finance Bank Zambia assets and operations into what is now known as Access Bank Zambia Plc.

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Finance Bank Zambia Ltd

Zambia

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.