African Banking Corporation Zambia

Africa

Region

Investment (MNOK)

Exit

Status

African Banking Corporation Zambia Limited (ABCZ) is a commercial bank in Zambia that service SMEs and microfinance clients. ABCZ is a fully owned subsidiary of ABC Holdings Limited (brand name: BancABC). They provide a full range of banking services and credit products. Norfund’s loan will facilitate the growth of the Bank’s loan book. Norfund has provided USD 5 million loan.

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Key information

Sector:
Financial Inclusion
Investment (MNOK):
Year:
2011
Region:
Africa
Country:
Zambia
Domicile:
Zambia
Instrument:
Loans
Status:
Exit
Mandate:
Development