The commercial banks in Zimbabwe are regulated by the Reserve Bank of Zimbabwe (RBZ), which oversees all banking institutions and promotes monetary stability in the country. Zimbabwe’s banking sector consists of a mix of state-owned, private, and international banks, along with specialized building societies and microfinance institutions.
From traditional retail banks to institutions focused on housing, agriculture, and small businesses, the commercial banks in Zimbabwe play a crucial role in driving economic development and expanding financial access across the country.
✅ List of Commercial Banks in Zimbabwe
1. AFC Commercial Bank Ltd
A state-owned bank focused on financing agriculture, commercial enterprises, and infrastructure.
2. African Banking Corporation Zimbabwe Ltd (BancABC)
Part of the Atlas Mara Group, offering corporate, SME, and retail banking services.
3. CBZ Bank Ltd
Zimbabwe’s largest commercial bank by assets, offering full-spectrum financial services including treasury, investment, and retail banking.
4. Ecobank Zimbabwe Ltd
A subsidiary of the Ecobank Group, providing pan-African retail, digital, and trade finance solutions.
5. FBC Bank Ltd
Part of FBC Holdings, offering universal banking including mobile, retail, and investment services.
6. First Capital Bank Zimbabwe Ltd
Part of First Capital Bank Group, serving individuals and corporates with digital and traditional banking.
7. Metbank Ltd
Focused on corporate and SME banking with innovative tech solutions and trade finance services.
8. Nedbank Zimbabwe Ltd
A subsidiary of South Africa’s Nedbank Group, offering personal, business, and investment banking.
9. NMB Bank Ltd
Targets SMEs and corporates with banking and financial advisory solutions.
10. Stanbic Bank Zimbabwe Ltd
Part of Standard Bank Group, delivering corporate banking, digital platforms, and trade services.
11. Standard Chartered Bank Zimbabwe Ltd
One of the oldest international banks in Zimbabwe, focusing on high-net-worth clients and multinationals.
12. Steward Bank Ltd
A tech-driven bank under Econet Group, known for mobile banking and digital innovation.
13. ZB Bank Ltd (Zimbank)
Offers retail, corporate, and investment services; part of the ZB Financial Holdings group.
✅ Building Societies in Zimbabwe
14. Central Africa Building Society (CABS)
Part of Old Mutual Group, specializes in mortgage lending and personal banking.
15. FBC Building Society
A division of FBC Group offering housing finance, savings, and investment solutions.
16. National Building Society
A state-owned institution focused on affordable housing finance and development.
✅ Other State-Owned and Specialized Institutions
17. People’s Own Savings Bank (POSB)
Government-owned and widely accessible, providing basic banking services and savings accounts.
18. African Century Ltd
Part of African Century Group (Mauritius), offers leasing and SME finance.
19. EmpowerBank Ltd
A government microfinance bank targeting youth and women entrepreneurs.
20. GetBucks Microfinance Bank Ltd
Provides digital and micro-loan services tailored for individuals and small businesses.
21. InnBucks Microbank Ltd
Focuses on mobile-based banking and low-cost financial products.
22. Lion Microfinance Ltd
Offers savings and lending solutions to underserved communities.
23. Success Microfinance Bank
Delivers microloans and business training to small-scale entrepreneurs.
24. Zimbabwe Women Microfinance Bank
State-owned and focused on empowering women through inclusive financial services.
25. Infrastructure Development Bank of Zimbabwe (IDBZ)
Finances infrastructure, energy, and large-scale development projects.
26. Small and Medium Enterprises Development Corporation (SMEDCO)
Provides business loans, grants, and development support for SMEs.
27. AFC Land & Development Bank of Zimbabwe Ltd
A development bank targeting agricultural land, irrigation, and rural finance.
