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{{Infobox company
{{Infobox company
| name = Standard Chartered Bank Zambia
| name = Standard Chartered Bank Zambia
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| type = [[Public company|Public]]
⚫
| logo =Standard Chartered.svg
| traded_as = [[Lusaka Stock Exchange|LUSE]]: '''SCBL'''
| logo_size =200px
⚫
| foundation = {{start date and years ago|1906|01|01}}
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| type = [[Public company|Public]]: [[Lusaka Stock Exchange|LUSE]]: '''SCBL'''
| location_city = [[Lusaka]]
| company_slogan =
| location_country = [[Zambia]]
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| foundation = {{start date and years ago|1906|01|01}}
⚫
| key_people = '''Dr Caleb M Fundanga'''<br />[[Chairman]]<br />'''Sonny Zulu'''<br />[[Managing Director]] & [[CEO]]<ref name="One">{{cite web | url=http://www.monitor.co.ug/Business/Kasekende-head-Standard-Chartered-Bank-Zambia/688322-3820550-btlkn6/index.html | title=Kasekende to head Standard Chartered Bank in Zambia | date=20 February 2017 |access-date=2 May 2018 |location=Kampala |author=Mark Keith Muhumuza |newspaper=[[Daily Monitor]]}}</ref>
| location = Cairo Road, [[Lusaka]], [[Zambia]]
⚫
| num_employees = 706 (2017)<ref name="Data" />
⚫
| key_people = '''Dr Caleb M Fundanga'''<br/>[[Chairman]]<br/>'''[[Herman Kasekende]]'''<br/>[[Managing Director]] & [[CEO]]<ref name="One">{{cite web | url=http://www.monitor.co.ug/Business/Kasekende-head-Standard-Chartered-Bank-Zambia/688322-3820550-btlkn6/index.html | title=Kasekende to head Standard Chartered Bank in Zambia | date=20 February 2017 |access-date=2 May 2018 |location=Kampala |author=Mark Keith Muhumuza |newspaper=[[Daily Monitor]]}}</ref>
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| parent = [[Standard Chartered]]
⚫
| num_employees = 706 (2017)<ref name="Data"/>
| net_income = {{increase}} ZMW: 355.9 million (US20.4 million) (2021) <ref name="African Financials">{{cite web|url=https://africanfinancials.com/document/zm-scz-2021-ab-00/ |title=zm-scz-2021-ab-00 |publisher=African Financials |date=11 March 2022 |access-date=21 April 2022}}</ref>
| assets = ZMW:8.851 billion (US$893.8 million) (2017)<ref name="Data"/>
| assets = {{decrease}} ZMW: 13,272.7 million (US761.6 million) (2021) <ref name="African Financials">{{cite web|url=https://africanfinancials.com/document/zm-scz-2021-ab-00/ |title=zm-scz-2021-ab-00 |publisher=African Financials |date=11 March 2022 |access-date=21 April 2022}}</ref>
| revenue = {{profit}}Aftertax:ZMW:284.5 million (US$28.8 million) (2017)<ref name="Data"/>
| equity = {{increase}} ZMW: 1,154.0 million (US66.2 million) (2021) <ref name="African Financials">{{cite web|url=https://africanfinancials.com/document/zm-scz-2021-ab-00/ |title=zm-scz-2021-ab-00 |publisher=African Financials |date=11 March 2022 |access-date=21 April 2022}}</ref>
⚫
| industry = [[Financial Services]]
| revenue = {{increase}} ZMW:1,322.3 million (US75.8 million) (2021) <ref name="African Financials">{{cite web|url=https://africanfinancials.com/document/zm-scz-2021-ab-00/ |title=zm-scz-2021-ab-00 |publisher=African Financials |date=11 March 2022 |access-date=21 April 2022}}</ref>
⚫
| products = [[Loans]], [[cheque|Checking]], [[Savings]], [[Investments]], [[Debit Cards]]
⚫
| industry = [[Financial services]]
| homepage = [https://www.sc.com/zm/ Homepage]
⚫
| products = [[Loans]], [[cheque|Checking]], [[Savings]], [[Investments]], [[Debit Cards]]
| homepage = {{official URL}}
}}
}}


'''Standard Chartered Zambia''', officially '''Standard Chartered Bank Zambia Plc''', is a [[commercial bank]] in [[Zambia]] and a subsidiary of [[Standard Chartered]]. It is licensed by the [[Bank of Zambia]], the [[central bank]] and national banking regulator.<ref name="Two">{{cite web|url=http://www.boz.zm/ | title=List of Licensed Commercial Banks in Zambia |date=2 May 2018 |author=Bank of Zambia |publisher=[[Bank of Zambia]] | location=Lusaka |access-date=2 May 2018}}</ref>
'''Standard Chartered Zambia''', officially '''Standard Chartered Bank Zambia Plc''', commonly known as is a '''Stanchart Zambia''', is a [[commercial bank]] in [[Zambia]] and a [[subsidiary]] of [[Standard Chartered]]. It is licensed by the [[Bank of Zambia]], the [[central bank]] and national banking regulator.<ref name="Two">{{cite web|url=http://www.boz.zm/ | title=List of Licensed Commercial Banks in Zambia |date=2 May 2018 |author=Bank of Zambia |publisher=[[Bank of Zambia]] | location=Lusaka |access-date=2 May 2018}}</ref>


⚫
The bank serves large [[Corporation|corporate]] clients, upscale retail customers and medium to large [[Business|business enterprises]]. It is one of the largest commercial banks in Zambia, by assets. {{As of |2017|12|31}}, the total [[Valuation (finance)|asset valuation]] of the bank was ZMW:8.851 billion (US$893.8 million), with shareholders' equity of ZMW:873.5 million (US$88.2 million).<ref name="Data">{{cite web|url=https://www.sc.com/global/av/zm-standard-chartered-bank-zambia-annual-report-2017.pdf |format=PDF |title=Standard Chartered Zambia Annual Report for the Year Ended 31 December 2017 |access-date=3 May 2018 |date=28 February 2018 | publisher=Standard Chartered Zambia Limited |last=Stanchart Zambia |location=Lusaka}}</ref>
==Location==
⚫
The headquarters and main branch of the bank are located at Standard Chartered House, along Cairo Road, in the city of [[Lusaka]], the largest city and capital of Zambia.<ref name="Data"/>


Stanchart Zambia in partnership with BongoHive runs a programme for female-led and founded businesses called Standard Chartered Women in Technology.<ref>{{Cite web |title=Standard Chartered Women in Tech by BongoHive Innovation & Technology Hub |url=https://vc4a.com/bongohive/standard-chartered-women-in-tech/ |access-date=2022-05-15 |website=VC4A |language=en}}</ref> This program won the Best Tech-For-Women Initiative award at The Techtrends Zambia Awards 2021.<ref>{{Cite web |last=Sandi |date=12 May 2022 |title=The Techtrends Zambia Awards 2021 Winners |url=https://www.techtrends.co.zm/the-techtrends-zambia-awards-2021-winners/ |access-date=15 May 2022 |website=Techtrends Zambia |language=en-GB}}</ref>
==Overview==
⚫
Stanchart Zambia is a large bank, serving large [[Corporation|corporate]] clients, upscale retail customers and medium to large business enterprises. It is one of the largest commercial banks in Zambia, by assets. As of 31 December 2017, the total asset valuation of the bank was ZMW:8.851 billion (US$893.8 million), with shareholders' equity of ZMW:873.5 million (US$88.2 million).<ref name="Data">{{cite web|url=https://www.sc.com/global/av/zm-standard-chartered-bank-zambia-annual-report-2017.pdf |format=PDF |title=Standard Chartered Zambia Annual Report for the Year Ended 31 December 2017 |access-date=3 May 2018 |date=28 February 2018 | publisher=Standard Chartered Zambia Limited |last=Stanchart Zambia |location=Lusaka}}</ref>


==History==
==History==
The bank was established in 1906. The shares of [[stock]] of Stanchart Zambia are listed on the [[Lusaka Stock Exchange]] (LUSE), where they trade under the symbol: '''SCBL'''.<ref name="Four">{{cite web|url=http://www.luse.co.zm/ |title=The Companies Listed on the Lusaka Stock Exchange |date=3 May 2018 | access-date=3 May 2018 |publisher=[[Lusaka Stock Exchange]] |
The bank was established in 1906. The shares of [[stock]] of Stanchart Zambia are listed on the [[Lusaka Stock Exchange]] (LUSE), where they trade under the symbol: ''SCBL''.<ref name="Four">{{cite web|url=http://www.luse.co.zm/ |title=The Companies Listed on the Lusaka Stock Exchange |date=3 May 2018 | access-date=3 May 2018 |publisher=[[Lusaka Stock Exchange]] |
author=Lusaka Stock Exchange |location=Lusaka}}</ref>
author=Lusaka Stock Exchange |location=Lusaka}}</ref>


==Ownership==
==Ownership==
Stanchart Zambia is a subsidiary of the [[Standard Chartered Bank]], an International financial services [[conglomerate (company)|conglomerate]], headquartered in [[London]] in the [[United Kingdom]], with operations in more than sixty countries and a network of over 1,700 branches, employing in excess of 86,000 people. The stock of Standard Chartered is listed on [[London Stock Exchange]], [[Hong Kong Stock Exchange]], [[Bombay Stock Exchange]] and [[National Stock Exchange of India|National Stock Exchange]] in [[India]].<ref name="Five">{{cite web| url=https://www.sc.com/en/about/ |
Stanchart Zambia is a subsidiary of the [[Standard Chartered Bank]], an International financial services [[conglomerate (company)|conglomerate]], headquartered in [[London]] in the [[United Kingdom]], with operations in more than sixty countries and a network of over 1,700 branches, employing in excess of 86,000 people.
title=About Standard Chartered Bank |access-date=3 May 2018 | date=3 May 2018 |publisher=[[Standard Chartered]] | author=Standard Chartered |location=London}}</ref>

As of December 2017, the shares of [[stock]] of Standard Chartered Bank Zambia Limited was owned by the following entities.<ref name="Data"/>
As of December 2017, the shares of [[stock]] of Standard Chartered Bank Zambia Limited was owned by the following entities.<ref name="Data"/>


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<sup>1 → Standard Chartered Holdings (Africa) BV (incorporated in [[Kingdom of the Netherlands|The Netherlands]]) is a wholly owned subsidiary of [[Standard Chartered|Standard Chartered Plc]].</sup>
<sup>1 → Standard Chartered Holdings (Africa) BV (incorporated in [[Kingdom of the Netherlands|The Netherlands]]) is a wholly owned subsidiary of [[Standard Chartered|Standard Chartered Plc]].</sup>


==Branch network==
==Location==
⚫
The [[headquarters]] and main branch of the bank are located at Standard Chartered House, along Cairo Road, in the city of [[Lusaka]], the largest city and capital of Zambia.<ref name="Data"/>
{{asof|December 2017}}, the bank maintained a network of branches at the following locations:<ref name="Data"/>

# '''Head Office''': Standard Chartered House, Cairo Road, [[Lusaka]]
# Lusaka Main Branch: Lusaka
# Crossroads Branch: Crossroads, Lusaka
# Kabulonga Branch: Kabulonga Shopping Center, Lusaka
# Levy Mall Branch: Levy Mall, Lusaka
# Manda Hill Branch: Manda Hill, Lusaka
# UNZA Branch: Main Campus, [[University of Zambia]], Lusaka
# Northend Branch: North End, Cairo Road, Lusaka
# United Nations Agency Branch: United Nations Mission Building, Lusaka
# Industrial Branch: Industrial Area, Lusaka
# Chililabombwe Branch: [[Chililabombwe]]
# Chingola Branch: [[Chingola]]
# Jacaranda Branch: Jacaranda Mall, [[Ndola]]>
# Luanshya Branch: [[Luanshya]]
# Kitwe Branch: Zambia Way, [[Kitwe]]
# Choma Branch: [[Choma, Zambia|Choma]]
# Livingstone Branch: [[Livingstone, Zambia|Livingstone]]
# Mazabuka Branch: [[Mazabuka]]
# Kasama Branch: [[Kasama, Zambia|Kasama]]
# Mongu Branch: [[Mongu]]
# Solwezi Branch: [[Solwezi]]
# Kalumbila Branch: Solwezi.

==Management Board==
The Chief Executive Officer (CEO) and [[Managing Director]] of Standard Chartered Bank (Zambia) is [[Herman Kasekende|Herman Kizito Kasekende]], appointed in February 2017. Kasekende s a native of [[Uganda]], who has been with the [[Standard Chartered Bank|Standard Chartered Bank Group]] since 1998. He previously served as the CEO and Managing Director of [[Standard Chartered Uganda]]. He has also worked for Standard Chartered in [[Kenya]] and [[Singapore]].<ref name="One"/><ref name="Data"/>


==See also==
==See also==
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==References==
==References==
{{reflist|30em}}
{{reflist|30em}}
{{Portal|Banks}}

==External links==
* [http://www.standardchartered.com/zm/en/ Standard Chartered Bank Zambia Homepage]
* [http://www.boz.zm/ Website of Bank of Zambia]


{{Standard Chartered}}
{{Standard Chartered}}
{{authority control}}
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[[Category:Banks of Zambia]]
[[Category:Banks of Zambia]]
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[[Category:1906 establishments in the British Empire]]
[[Category:1906 establishments in the British Empire]]
[[Category:Companies listed on Lusaka Stock Exchange]]
[[Category:Companies listed on Lusaka Stock Exchange]]

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{{coord|15|24|33|S|28|16|48|E|display=title}}

Latest revision as of 19:27, 6 September 2023

Standard Chartered Bank Zambia
Company typePublic
LUSE: SCBL
IndustryFinancial services
FoundedJanuary 1, 1906; 119 years ago (1906-01-01)
Headquarters
Lusaka
,
Zambia
Key people
Dr Caleb M Fundanga
Chairman
Sonny Zulu
Managing Director & CEO[1]
ProductsLoans, Checking, Savings, Investments, Debit Cards
RevenueIncrease ZMW:1,322.3 million (US75.8 million) (2021) [2]
Increase ZMW: 355.9 million (US20.4 million) (2021) [2]
Total assetsDecrease ZMW: 13,272.7 million (US761.6 million) (2021) [2]
Total equityIncrease ZMW: 1,154.0 million (US66.2 million) (2021) [2]
Number of employees
706 (2017)[3]
ParentStandard Chartered
Websitewww.sc.com/zm/ Edit this at Wikidata

Standard Chartered Zambia, officially Standard Chartered Bank Zambia Plc, commonly known as is a Stanchart Zambia, is a commercial bank in Zambia and a subsidiary of Standard Chartered. It is licensed by the Bank of Zambia, the central bank and national banking regulator.[4]

The bank serves large corporate clients, upscale retail customers and medium to large business enterprises. It is one of the largest commercial banks in Zambia, by assets. As of 31 December 2017, the total asset valuation of the bank was ZMW:8.851 billion (US$893.8 million), with shareholders' equity of ZMW:873.5 million (US$88.2 million).[3]

Stanchart Zambia in partnership with BongoHive runs a programme for female-led and founded businesses called Standard Chartered Women in Technology.[5] This program won the Best Tech-For-Women Initiative award at The Techtrends Zambia Awards 2021.[6]

History

[edit]

The bank was established in 1906. The shares of stock of Stanchart Zambia are listed on the Lusaka Stock Exchange (LUSE), where they trade under the symbol: SCBL.[7]

Ownership

[edit]

Stanchart Zambia is a subsidiary of the Standard Chartered Bank, an International financial services conglomerate, headquartered in London in the United Kingdom, with operations in more than sixty countries and a network of over 1,700 branches, employing in excess of 86,000 people. As of December 2017, the shares of stock of Standard Chartered Bank Zambia Limited was owned by the following entities.[3]

Standard Chartered Zambia stock ownership
Rank Name of Owner Percentage Ownership
1 Standard Chartered Holdings (Africa) BV1 90.00
2 Others via the Lusaka Stock Exchange 10.00
Total 100.00

1 → Standard Chartered Holdings (Africa) BV (incorporated in The Netherlands) is a wholly owned subsidiary of Standard Chartered Plc.

Location

[edit]

The headquarters and main branch of the bank are located at Standard Chartered House, along Cairo Road, in the city of Lusaka, the largest city and capital of Zambia.[3]

See also

[edit]

References

[edit]
  1. ^ Mark Keith Muhumuza (20 February 2017). "Kasekende to head Standard Chartered Bank in Zambia". Daily Monitor. Kampala. Retrieved 2 May 2018.
  2. ^ a b c d "zm-scz-2021-ab-00". African Financials. 11 March 2022. Retrieved 21 April 2022.
  3. ^ a b c d Stanchart Zambia (28 February 2018). "Standard Chartered Zambia Annual Report for the Year Ended 31 December 2017" (PDF). Lusaka: Standard Chartered Zambia Limited. Retrieved 3 May 2018.
  4. ^ Bank of Zambia (2 May 2018). "List of Licensed Commercial Banks in Zambia". Lusaka: Bank of Zambia. Retrieved 2 May 2018.
  5. ^ "Standard Chartered Women in Tech by BongoHive Innovation & Technology Hub". VC4A. Retrieved 2022-05-15.
  6. ^ Sandi (12 May 2022). "The Techtrends Zambia Awards 2021 Winners". Techtrends Zambia. Retrieved 15 May 2022.
  7. ^ Lusaka Stock Exchange (3 May 2018). "The Companies Listed on the Lusaka Stock Exchange". Lusaka: Lusaka Stock Exchange. Retrieved 3 May 2018.

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