Basic HTML Version
www.ebizguides.com
102
Finance
Aon’s presence in Zambia followed the acquisition of
the Minet Group worldwide in 1997. Minet entered the
Zambian market in 1996 following the liberalization of
the insurance industry. Previously, Minet had been op-
erating in Zambia from 1952 until 1976 when the insur-
ance market was nationalized.
One of Aon’s core business philosophies is that of inter-
dependence through global networking allowingAon of-
fices and their clients to access resources and expertise
in any discipline from regional and international centres.
The company differentiates itself from its local com-
petitors through its ability to provide a full range of in-
surance and risk consultancy services including retail
insurance broking (all class of non-life insurance), risk
management services (loss control surveys), employee
benefits consulting (group life assurance, funeral and
medical schemes) and pension fund administration.
Aon Zambia is the largest broker in the Zambian Insur-
ance market. The Company conducts business with the
highest professional and ethical standards and works
hand in hand with Zambia’s leading corporations.
Dana Botha
Managing Director
ABC Pyramid Plaza Building
Corner of Church Rd. & Nasser Rd.
PO Box 39501 Lusaka
Tel: +260-211-257970 / Fax: +260-211-257980
dbotha@africanbankingcorp.com
www.africanbankingcorp.com
BancABC offers a diverse range of financial services
including personal, business and corporate bank-
ing as well as asset management, stock broking
and treasury services. Guided by its core values of
professionalism, people, innovation, passion and
integrity, BancABC is pursuing its vision to be the
preferred banking partner in Africa by offering world
class financial solutions for the benefit of all its stake-
holders. BancABC is realizing this vision by building
profitable, lifelong customer relationships through
the provision of a wide range of innovative financial
products and services.
BancABC has a proud heritage dating back to 1956.
The Group, which has its head office in Botswana,
was formed as a result of a series of mergers and ac-
quisitions of financial institutions operating in South-
ern Africa. This has given BancABC a strong geo-
graphical footprint as well as a sound understanding
Bret Packard
Managing Director
Stand No. 4643 & 4644
Addis Ababa Roundabout
Postal Bag E-308, Lusaka
Tel: +260-211-366150 / 69
Fax: +260-211-226185
bret.packard@barclays.com
www.barclays.com
Barclays has operated in Zambia for close to 100
years and is one of the country’s foremost financial
institutions in terms of financial strength, product of-
ferings and service capability. Barclays Bank Zam-
bia offers the full range of both retail and corporate
BANCAC
BARCLAYS BANK ZAMBIA PLC
of the diverse financial markets within the region. As
a result, the Bank has operations in Botswana, Mo-
zambique, Tanzania, Zambia and Zimbabwe and a
group services office in South Africa.
BancABC, previously known as African Banking Cor-
poration, rebranded in April 2009, in line with its ex-
pansion into retail banking. BancABC will be opening
retail-banking operations across all territories by the
end of 2010.
BancABC Zambia operates a network of 18 branch-
es across the country. Along with their already es-
tablished corporate banking services, and recently
launched retail operations, they have also begun ex-
tensive micro lending operations. Their micro lend-
ing operations are a key focus of the Bank’s long-
term plans for reaching out to un-banked Zambians
and attaining a larger market share.
BancABC has its primary listing on the Botswana
Stock Exchange and a secondary listing on the Zim-
babwe Stock Exchange. The Group’s shareholders
include, Old Mutual, Botswana Insurance Fund and
the International Finance Corporation. The Man-
agement of BancABC, most of whom have a long-
standing history with the bank, also holds significant
shareholding within the Group thereby offering much
needed stability to all stakeholders.
“BancABC understands the make-up of sub-Saha-
ran Africa. As a result, we understand cross border
opportunities better than many other banks in the
market. This helps us to position ourselves as a top
financial institution in the region. “
Dana Botha
Managing Director