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Agricultural Development Bank of Zimbabwe information


Agricultural Development Bank of Zimbabwe
Company typeParastatal
IndustryFinancial services
Founded1999 (1999)
Headquarters
Harare
,
Zimbabwe
Key people
Joel Mutizwa (Chairman), Francis Macheka (Group Chief Executive Officer)[1]
ProductsLoans, Savings, Transaction accounts, Investments, Debit Cards, Credit Cards, Mortgages
RevenueDecreaseAftertax:US$286,409 (2011)
Total assetsUS$102.8 million (2011)
Number of employees
1,000+ (2012)
Websitewww.agribank.co.zw

Agricultural Development Bank of Zimbabwe (ADBZ), also referred to as Agricultural Bank of Zimbabwe, but is commonly known as Agribank, is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe, the national banking regulator.[2]

Agribank is middle-tier financial services provider that provides commercial, retail, corporate, and international banking services in Zimbabwe. It offers agricultural loans, in addition to other retail, advisory, treasury and investment services, including foreign currency and money transfer services. As of December 2011, the valuation of the bank's total assets was reported to be US$102.8 million, with shareholders' equity of US$15.1 million.[3]

  1. ^ Sibanda, Golden (1 February 2012). "Zimbabwe: Agribank Turns the Corner". The Herald (Harare). Retrieved 6 September 2017.
  2. ^ Licensed Commercial Banks In Zimbabwe Archived 2012-04-17 at the Wayback Machine
  3. ^ Sherekete, Reginald (20 April 2012). "Zimbabwe: Agribank Seeks U.S $30 Million". Zimbabwe Independent (Harare). Retrieved 6 September 2017.

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