Zambia Industrial Commercial Bank (ZICB)
in Zambia 🇿🇲
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About Zambia Industrial Commercial Bank (ZICB) in Zambia
Zambia Industrial Commercial Bank (ZICB) is a commercial bank in Zambia with a specialized focus on supporting the country's industrialization and commercialization efforts. The bank is a parastatal institution, owned by government entities and statutory bodies, and operates as a universal commercial bank serving retail, corporate, SME, and public sector clients.
ZICB was created through the restructuring of the former Intermarket Banking Corporation, which had become insolvent. The bank represents a strategic initiative by the Zambian government to maintain banking services while supporting local businesses and economic development.