African Banking Corporation Zambia
- (Exited)

  • Active: Exited
  • Region: Africa
  • Country: Zambia
  • Sector: Banking
  • Year: 2011
  • Domicile: Zambia
  • Instrument:
  • Commitment (MNOK) as of 30.09.2018: 0
  • Original Commitment (MNOK): 29.3

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 facilitated the growth of ABCZ’s loan book, enabling the bank to provide better and longer-term loans to its SME-customers. The loan is now fully repaid. Norfund has provided USD 5 million loan.

Norfund's return on this investment (IRR) was 5,1%. 

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

Subscribe to our newsletter