services founded 1956 headquarters harare zimbabwe key people v. willard zireva chairman c.c.jinya managing director products loans savings checking investments debit cards credit cards mortgages revenue aftertax us 3.36 million 2011 total assets us 180.7 million 2011 number of employees 212 2011 website homepage mbca bank whose full name is mbca bank limited is a commercial bank in zimbabwe . it is one of the licensed commercial banks in the country . 1 contents 1 overview 2 history 3 subsidiaries 4 ownership 5 branch network 6 see also 7 references 8 external links overview edit as of december 2011 update the bank was a medium sized financial services provider in zimbabwe with an asset base of nearly us 181 million and shareholders equity of nearly us 19.7 million . 2 the bank is a subsidiary of the nedbank group a large financial services provider headquartered in johannesburg south africa with total assets of almost us 80 billion zar 648 billion as of december 2011 . 3 history edit the bank was founded in 1956 by rhodesia selection trust rst 4 as the merchant bank of central africa . following the issuance of a commercial banking license by the reserve bank of zimbabwe the national banking regulator the bank rebranded to mbca bank limited in 2004 . significant to the development of southern rhodesia and to the failing central african federation is at much the same time rst s competitor anglo american joined with lazard brothers of london to found rhodesian acceptances limited ral . 4 ral now known as ral merchant bank zimbabwe was part of anglo america until reorganisation rationalisation now in the nedbank old mutual group . subsidiaries edit the bank has 100 % ownership in the following subsidiaries melbek holdings private limited real estate investments zimbabwe mbca nominees private limited nominee company zimbabwe mbca leasing private limited leasing zimbabwe ownership edit according to the website of mbca bank the major shareholders in the stock of the bank include the following 5 shareholding in mbca bank rank shareholder percentage ownership 1 nedbank group of south africa 74.00 6 2 old mutual zimbabwe limited 18.30 2 rothschild & sons of the united kingdom 03.26 4 banca de credito finanziaio of italy 01.05 5 mbca employee share trust 0.66 6 others 02.03 total 100.00 branch network edit mbca bank maintains a network of branches at the following locations 7 harare office old mutual centre corner of 3rd street & jason moyo avenue harare main branch 99 jason moyo avenue harare southerton branch 11 highfield junction road southerton harare bulawayo office 74 main street bulawayo belmont branch 61 plumtree road belmont bulawayo leopold takawira branch central africa house leopold takawira street at jason moyo avenue bulawayo mutare branch windsor msasa house 75 herbert chitepo street mutare zvishavane branch 100 ireland road zvishavane see also edit list of banks in zimbabwe reserve bank of zimbabwe economy of zimbabwe references edit list of licensed banks in zimbabwe audited december 2011 financial report for mbca bank audited december 2011 annual report for nedbank group a b uneven zimbabwe a study of finance development and underdevelopment by patrick bond shareholding in mbca bank nedbank group shareholding is 74 % branches of mbca bank external links edit official website website of reserve bank of zimbabwe mbca bank experiencing liquidity issues retrieved from https en.wikipedia.org w index.php title mbca bank & oldid 721339230 categories companies of zimbabwebanks established in 1956companies established in 1956harare1956 establishments in the federation of rhodesia and nyasalandhidden categories articles containing potentially dated statements from december 2011all articles containing potentially dated statements 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 add links this page was last modified on 21 may 2016 at 04 55 . 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