Blog

ZICB had a productive dialogue with representatives from the London Foreign Commonwealth and Development Office (FCDO). The discussion focused on strategically integrating nature-based solutions, such as green infrastructure and sustainable land use practices, into our environmental and financial strategies. Key takeaways include the potential to enhance climate resilience, promote biodiversity, and support sustainable economic growth through these initiatives. The FCDO expressed strong interest in how incorporating these green assets aligns with broader environmental and financial objectives. This conversation also opened avenues for exploring support towards issuing a green bond, furthering our commitment to environmentally responsible finance. ZICB is excited about the opportunity to attract environmentally conscious investments, reinforcing our role as a leader in green finance. We remain dedicated to driving sustainability and championing climate-friendly economic growth for a greener future.

We are honoured to have been the main sponsor of the official renaming ceremony of Longacres Mall to KK Mall, commemorating the 100th anniversary of Dr Kenneth Kaunda’s birth. ZICB’s contribution to this significant event is a fitting tribute to Zambia’s founding father. Our CEO, Mr. Ngenda Nyambe, together with the ZICB management team, attended the ceremony, which was graced by Hon. Rodney Sikumba, Minister of Tourism. In his speech, Mr. Nyambe paid tribute to Dr Kaunda, recognising him as a visionary leader and champion of unity, whose legacy continues to inspire the values that define our nation. He also urged every Zambian to live by the motto “One Zambia, One Nation,” and to safeguard the peace and unity that have been the foundation of our nation since independence. ZICB would like to acknowledge the Kaunda family, the Public Service Pension Fund, the National Museum Board, and Brandline Africa for their collaborative efforts in making this event a resounding success.

We are honoured to be the sponsors and official banking partners for the Livingstone MSME & Cooperatives Capacity Building Workshop, organised by CNC 360 Consultancy in collaboration with the Ministry of Small & Medium Enterprise Development. The workshop is being held at the Courtyard Hotel from 11th to 13th September. With over 400 SMEs and cooperatives in attendance, this event provides a valuable platform for business exhibitions, networking, and knowledge sharing with key stakeholders. The workshop is graced by Hon. Eng. Elias Mubanga, Minister of MSME Development, and Hon. Rodney Sikumba, Minister of Tourism. Visit the ZICB stand to explore opportunities for business growth and learn how our innovative solutions can support your success.

This week, our CEO, Mr. Ngenda Nyambe, paid a courtesy call to the CEO of Prospero, Ms. Mutumboi Mundia. The meeting focused on exploring potential collaborations to drive value for SMEs across Zambia. By leveraging the strengths of both ZICB and Prospero, we aim to empower small businesses with the tools and opportunities they need to thrive and contribute to Zambia’s economic growth.

Yesterday, our CEO, Mr. Ngenda Nyambe, visited the Bank of Zambia Governor, Dr. Denny Kalyalya, at his office in Lusaka. The meeting provided an opportunity to discuss key areas of collaboration aimed at strengthening the banking sector and enhancing financial inclusion across the country. This engagement underscores ZICB’s commitment to working closely with regulatory bodies to create a stable and innovative financial environment, helping drive economic growth and development in Zambia.

Today, ZICB was honoured to welcome Ambassador Isabelle Lemba, Permanent Secretary of the Ministry of Justice, who paid a courtesy call to our CEO, Mr. Ngenda Nyambe, at our head office in Lusaka. This visit provided an excellent platform to engage in discussions on a range of important topics that are key to national development and ZICB’s mission to serve the Zambian people. During the meeting, Ambassador Lemba emphasized the importance of patriotism and the role that local institutions like ZICB play in fostering national pride. She highlighted that by choosing to bank with ZICB, Zambians are contributing directly to the country’s economic growth and ensuring that wealth is retained and reinvested within the country. We are excited about the prospects of the outcomes from these discussions and remain committed to contributing to Zambia’s development by offering innovative financial solutions that serve every Zambian.

We are proud to announce that ZICB has been awarded the Guarantee Utilization Award by the Zambia Institute of Banking and Financial Services (ZIBFS)! This prestigious award, presented during the ZIBFS Banking Awards at the Avani Hotel in Livingstone on 6th September 2024, recognizes the outstanding efforts of Participating Financial Institutions (PFIs) in effectively utilizing financial guarantees to support businesses and individuals. At ZICB, we remain committed to driving financial growth and creating opportunities for all, with a particular focus on local MSME and corporate businesses! Thank you to our dedicated team and valued clients for making this possible. Together, we’re making tomorrow possible!

In our continuous effort to make tomorrow possible, ZICB is proud to introduce the “WINA Na ZICB campaign,” which will run from September to December 2024. This initiative is aimed at rewarding our customers with cool prizes, including solar lighting kits, gas cooking stoves, laptops, and grand prizes of a brand-new SUV for retail customers and a Toyota Hilux and k250,000 cash prize for our MSME clients. Speaking at the launch, ZICB CEO Ngenda Nyambe highlighted that to participate, retail customers must maintain a minimum average balance of K5,000, while our MSME customers must have a minimum average balance of K20,000 in their ZICB accounts each month. In addition, Mr. Nyambe also announced the winners of our last campaign, where one lucky retail client walked away with an all-expense-paid weekend vacation for five at the Radisson Blue Hotel in Livingstone, and one ZICB MSME client walked away with a power generation solution, which consists of an inverter, batteries, and solar panels, ensuring that their business remains resilient and operational. Open an account and continue banking with ZICB, and you may be the next lucky winner.

ZICB proudly participated in the Bank of Zambia’s (BOZ) Sports Day, marking 60 years of the central bank’s existence. Our executives and staff teamed up with colleagues from other banks to compete against BOZ teams in exciting sports, including tug of war, basketball, netball, volleyball, chess, football, and 100-meter races. The spirit of teamwork and camaraderie was on full display as we celebrated this momentous occasion. BOZ Governor, Dr. Denny Kalyalya, officiated the event, making it a day to remember as bankers came together to commemorate 60 years of banking excellence in Zambia. Here’s to many more years of partnership and success!

The ZICB team, led by the CEO Mr. Ngenda Nyambe, paid a courtesy call on the National Health Insurance Management Authority (NHIMA) Director General at their headquarters in Lusaka today. During the meeting, Mr. Nyambe discussed with NHIMA’s leadership, reflecting on the fruitful collaboration between the two organizations over the past few years. He commended the strides made in enhancing financial inclusion and improving access to essential health services for Zambians by the Authority. The two organisations also explored avenues for deepening their relationship, with a particular focus on leveraging technology to streamline insurance processes and extend coverage to underserved communities. The meeting underscored ZICB’s commitment to supporting national initiatives aimed at ensuring the health and well-being of all citizens.