Author name: Samuel Kamaloni

The Zambia Industrial Commercial Bank is proud to be one of the sponsors of the 2026 Kuomboka Ceremony. Our team, led by CEO Ngenda Nyambe and Corporate Affairs Manager Luke Njovu, joined the people of Western Province in celebrating this significant event, which attracted over 20,000 attendees, including international delegates. As a sponsor, ZICB remains a committed partner in supporting traditional ceremonies that are vital symbols of cultural heritage and identity for local communities, while also honoring the legacy of those who “made tomorrow possible.”

We  held our 8th Annual General Meeting, at the Savorah Hotel in Lusaka, where we provided shareholders with updates on various aspects of the bank’s performance, partnerships, and key milestones in the bank’s growth for the year ending 2025. Board Chairman, Danny Luswili, highlighted the bank’s continued growth, including the opening of a new branch in Solwezi and the increase in deposits and revenue, placing the bank in strong position for growth. He Also mentioned plans for the Bank to expand further with Kasama scheduled to be the next destination for the Bank. ZICB CEO, Ngenda Nyambe, briefed shareholders on the bank’s strategic partnerships, which led to the launch of its POS service, enhancement to the telegraphic transfer service, and upgrades of the digital platforms, enhancing both security and efficiency for customers. “We recently introduced POS services for its customers in partnership with Izwe Zambia, enabling both card and mobile money payments. Additionally, the bank has upgraded its mobile app and internet banking platforms, providing a more modern user experience while enhancing security features to better protect customers and partners”. This meeting also marked our first AGM following the declaration of our inaugural dividend to our shareholders last year.

Zambia Industrial Commercial Bank Officially Opens New Chipata Branch Zambia Industrial Commercial Bank (ZICB) is proud to announce the official opening of its newly constructed Chipata Branch, now conveniently located along Umodzi Highway at the Zamtel premises. The Bank has been operating in Chipata for the past two years from its former location on Luangwa Road. The relocation to Umodzi Highway, a more central and accessible location, reflects ZICB’s continued commitment to advancing financial inclusion and bringing banking services closer to the people. Speaking during the official opening ceremony, the ZICB Chief Executive Officer, Ngenda Nyambe reaffirmed the Bank’s dedication to empowering the local economy and contributing to national development. “This occasion reflects our commitment to economic empowerment, financial inclusion, and national development. As we expand our footprint across Zambia, we remain guided by a simple belief — banking must be accessible, responsive, and empowering for individuals and businesses.” Also speaking at the event, George Mwanza, Mayor of Chipata, thanked ZICB for adding value to the city and encouraged members of the local community to engage with the Bank for business collaboration and financial literacy initiatives. “As Chipata City, we welcome ZICB to the beautiful City of Chipata. We are proud to learn that this is a 100% locally owned bank, and we look forward to partnering with you on various developmental projects,” he said. The opening of the new branch marks another significant milestone in ZICB’s mission to provide accessible, customer-focused banking solutions across Zambia.