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Finance
“Beyond bringing banking services to all the commu-
nities of Zambia, Barclays also typically leads innova-
tion in the local market.”
Bret Packard.
Managing Director
Looking to the future, Barclays Bank Zambia will
maintain a strong emphasis on their people, both cus-
tomers and employees. They have positioned them-
selves as market leaders. As an increasing amount of
Zambians start to make use of banking services and
more corporate clients enter the market, Barclays will
continue to be the bank of choice via their innovative
services, attention to detail, and ability to offer world-
class, and affordable banking.
“Zambia can easily be seen as the heart of Africa. It
has a reputation of stability both political and econom-
ical and many more developments are taking place
here every year. Barclays has been successful here
for close to 100 years because they have contributed
to the development of the nation. It is a wonderful
destination for investment. By investing in Zambia,
you can be a part of something that is evolving quite
rapidly.”
Bret Packard
Managing Director
Johan Minnaar
Managing Director
Plot 2374 Thabo Mbeki Rd.
PO Box 38474 Lusaka
Tel: +260-211-256055
Fax: +260-211-256064
info@cavmont.com.zm
www.cavmont.com.zm
Cavmont Bank Limited (CBL), previously known as
Cavmont Capital Bank Limited, was incorporated on
1 January 2004, as a merger between Cavmont Mer-
chant Bank Limited, incorporated in October 1992,
and New Capital Bank Plc incorporated in June
1992. It is a wholly owned subsidiary of Cavmont
Capital Holdings Zambia Plc.
The Bank has since reached a number of important
milestones, one of which is the name change from
Cavmont Capital Bank to Cavmont Bank Limited.
In 2007 Cavmont Bank embarked to reposition itself,
in order to be more visible in the market. Capricorn
Investment Holdings Limited (CIH) was identified
as an investment partner. The partnership led to a
CAVMONT BANK LIMITED
recapitalization that allowed the bank to accomplish
a modernization of its core banking system and
processes. With this new modern banking technol-
ogy Cavmont Bank is now better positioned to tai-
lor make products and services to suit customers’
needs and requirements. At Cavmont Bank our aim
is to ensure that we meet the needs of our customers
at every turn in their lives. Cavmont Bank’s product
and services cater to individual and business clients
alike through the Retail, Community, Treasury, and
Foreign Operations functions. The Bank offers Cur-
rent accounts, Kwacha Call accounts, Savings ac-
counts, Extra Capital accounts and competitive in-
terest rates on Loans and Advances. The Bank also
offers Visa Electron Debit Cards to their customers.
Cavmont Bank has a wide branch network that en-
sures easy access to the products and services of-
fered. The Bank has 4 branches in Lusaka. The Oth-
er branches are in Chingola, Ndola, Kitwe, Mbala,
Mpulungu, Solwezi, Chipata, Kasama and Mansa as
well as a sub-branch in Mufumbwe.
“At Cavmont Bank we cater to our client’s needs with
personalized service. For our foreign clients we have
payment systems such as telegraphic transfers,
manager cheques, Direct Debit and Credit Clearing
payment system and bank drafts.”
Johan Minnaar
Managing Director
Being part of Capricorn Investments Holdings has
linked Cavmont Bank to the CIH Group’s banks in
Botswana and Namibia. Their knowhow, experience
and technology are accessible to Cavmont Bank on
a continuous basis. This added advantage is passed
on to their esteemed customers as it gives Cavmont
an extra pool of capability and skills that can be
tapped into.
“At Cavmont Bank we cater to our client’s needs with
personalized service. For our foreign clients we have
payment systems such as telegraphic transfers,
manager cheques, Direct Debit and Credit Clearing
payment systems and bank drafts. Zambia provides
a stable environment for conducting business and
offers a huge amount of potential across many sec-
tors. Cavmont’s continual aim is to be available for
Zambia and Zambians, offering world class banking
services”
Johan Minnaar
Managing Director