List Of Financial Institutions In Zambia

What are Financial Institutions?

Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. 

List Of Financial Institutions In Zambia

Absa Bank Zambia Plc
Access Bank Zambia Limited
Atlas Mara Bank Zambia Limited
Bank of China Zambia Limited
Citibank Zambia Limited
Ecobank Zambia Limited
First Alliance Bank Zambia Limited
First Capital Bank Zambia Limited
First National Bank of Zambia Limited
Indo-Zambia Bank Limited
Investrust Bank Zambia Limited
Stanbic Bank Zambia Limited
Standard Chartered Bank Zambia Plc
National Savings & Credit Bank National Savings & Credit Bank
United Bank for Africa Zambia Limited
Zambia Industrial Commercial Bank Limited
Zambia National Commercial Bank Plc

What are the biggest Financial Institutions In Zambia?

Stanbic Bank Zambia Limited is part of the Standard Bank Group, Africa’s largest bank by footprint, profits, and assets.

What is the requirement for opening a bank account In Zambia?

1 passport-size photo.

Certified copies of NRC/Passport/Driver’s License.

Proof of residence/ affidavit from counsel lawyer.

One reference from any account holder.

Resident/ Work permit (For Non-Citizens)

Tax Payers Identification Number (TPIN) Certificate.

Can a foreigner open a bank account in Zambia?

While it is possible to open a bank account in Zambia, many expats maintain an account in their own country.

If opening a local account, it may be safer and easier to use an international bank with a presence in the country.