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Standard Chartered Zambia information


Standard Chartered Bank Zambia
Company typePublic
Traded as
LUSE: SCBL
IndustryFinancial services
FoundedJanuary 1, 1906; 118 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]
Net income
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]

  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 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.

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