• Source: Ecobank Zimbabwe

Ecobank Zimbabwe Limited (EZW), is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe and a subsidiary of Togo-based Ecobank.
Ecobank Zimbabwe is a small financial services provider in Zimbabwe, serving large corporate clients, upscale retail customers and medium to large business enterprises. The company’s services include personal banking, business banking, global banking and agricultural finance. As of June 2013, the bank's shareholders' equity was estimated at US$42.8 million, and total assets were valued at US$120.2 million.




History


The bank was established in 2002 as Premier Finance Group, a merchant bank.
In January 2011, Ecobank Transnational acquired majority shareholding in Premier Finance Group, at a price of US$10 million. Following the change in ownership, the institution rebranded to Ecobank Zimbabwe in May 2011. It also requested and was granted permission to change its merchant banking license to a commercial banking license. The Reserve Bank of Zimbabwe granted EBZ a commercial banking license, effective 15 May 2012.




Ownership


Ecobank Zimbabwe is a subsidiary of Ecobank Transnational, the Pan African bank with headquarters in Lome, Togo and a presence in over 30 African countries. Other shareholders in the Zimbabwean subsidiary are shown in the table below:




Branch network


As of June 2024, the bank maintains a network of 12 operational branches, at the following locations:

Mutare Branch - 2A Fidelity Centre, Herbert Chitepo Street, Mutare
Borrowdale Branch & Head Office - Block A, Sam Levy’s Office Park, 2 Piers Road, Borrowdale, Harare
Samora Machel Branch - 137 Samora Machel Avenue, Harare
Msasa Branch - Shop 3, The Collonade, 70 Mutare Road, Msasa, Harare
Southerton Branch - Highfield Junction, Corner Paisley Rd/Highfield Rd, Southerton, Harare
Graniteside Branch - 106 Seke Road Graniteside, Harare
Nelson Mandela Branch - 35 Nelson Mandela Avenue, Harare
Bindura Branch - 57 Robert Mugabe Street, Mutare
Kwekwe Branch - Beverly House, Groundfloor, Robert Mugabe way, Kwekwe
Gweru Branch - 6th Street, Gweru
Bradfield Branch - Stand 16433, Shops 3&4, Zonkizizwe Shopping Centre, Hillside Road, Bradfield, Bulawayo
Parkade Centre Branch - 5 Parkade Centre, Fife Street at 9th Avenue, Bulawayo




See also



Ecobank
Ecobank Ghana
Ecobank Nigeria
Ecobank Uganda
List of banks in Zimbabwe
Economy of Zimbabwe
Ecobank Bulawayo Heist




References






External links


Website of Ecobank Zimbabwe
Shareholding In Ecobank Zimbabwe

Kata Kunci Pencarian:

• Ecobank Zimbabwe
• Ecobank
• List of banks in Zimbabwe
• Ecobank Ghana
• List of companies of Zimbabwe
• Ecobank Nigeria
• Ecobank Kenya
• Ecobank Uganda
• Ecobank Bulawayo Heist
• Bradfield, Zimbabwe