here . for the institut f r zellbiologie in bern see institute of cell biology university of bern . indo zambia bank type private industry banking founded 1984 headquarters lusaka zambia key people orlean moyo chairperson mahesh bansal managing director products loans credit cards savings investments mortgages revenue aftertax us 7.17 million zmk 37.2 billion 2011 1 total assets us 308.6 million zmk 1.6 trillion q1 2012 2 number of employees 260 2009 website www.bankofbaroda.com zambia.asp indo zambia bank izb whose full name is indo zambia bank limited is a commercial bank in zambia . it is one of the commercial banks licensed by bank of zambia the national banking regulator . 3 4 contents 1 overview 2 history 3 ownership 4 branch network 5 governance 6 see also 7 references 8 external links overview edit izb is a medium sized financial services provider in zambia providing retail banking services to the communities it serves . as of march 2012 update the bank controlled total assets of nearly us 309 million zmk 1.6 trillion . at that time the shareholders equity in the bank was valued at approximately us 45.4 million zmk 235.4 billion . 5 history edit the bank was founded in 1984 by the government of zambia and three state owned indian banks a bank of baroda b bank of india and c central bank of india . indo zambia bank is a significant employer in the communities that it serves and is an active participant in csr activities in zambia . 6 7 ownership edit the stock of indo zambia bank is held by four investors . the table below shows the ownership percentage of each shareholder 8 first alliance bank zambia limited stock ownership rank name of owner percentage ownership 1 government of zambia 40.0 2 bank of baroda 20.0 3 bank of india 20.0 4 central bank of india 20.0 total 100.00 branch network edit the bank maintains its headquarters in lusaka the capital and largest city in zambia . as of september 2009 update it had a network of sixteen branches in various parts of the country . 9 between 2009 and 2012 it opened six new branches to bring the total branch network to twenty . 10 governance edit mrs. orlean moyo a zambian is the chairperson of the board of directors . 11 mahesh bansal a national of india serves as the managing director . 12 see also edit list of banks in zambia bank of zambia economy of zambia bank of baroda bank of india central bank of india references edit aftertax profit for financial year 2011 total assets as of 31 march 2012 list of licensed banks in zambia list of commercial banks in zambia march 2012 indo zambia bank financial data indo zambia bank makes regular charitable donations indo bank spends k351 miliion on community events shareholding in indo zambia bank indo zambia bank maintains fourteen branches as of september 2009 indo zambia bank opened six new branches between 2009 & 2012 mrs. orlean moyo is chairperson of indo zambia bank shankardas gupta is managing director of indo zambia bank external links edit website of bank of zambia overview of indo zambia bank in 2010 overview of zambian commercial banks september 2009 retrieved from https en.wikipedia.org w index.php title indo zambia bank limited & oldid 740993158 categories banks of zambiacompanies of zambiabanks established in 1984lusakabank of barodahidden categories articles containing potentially dated statements from march 2012all articles containing potentially dated statementsarticles containing potentially dated statements from september 2009 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 24 september 2016 at 17 42 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view