Kingdom Bank Limited, commonly referred to as Kingdom Bank, is a commercial bank

Commercial bank

After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...

 in Zimbabwe

Zimbabwe

Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...

. It was founded by Nigel Chanakira. It is one of the regulated banking institutions licensed by the Reserve Bank of Zimbabwe

Reserve Bank of Zimbabwe

The Reserve Bank of Zimbabwe is the central bank of Zimbabwe.-History:The bank traces its history to the Bank of Rhodesia and Nyasaland, founded in March 1956, which in turn was the successor to the Central Currency Board....

, the national banking regulator.
The bank, which was established in 1997, is a subsidiary of Kingdom Financial Holdings Limited (KFHL), a publicly traded company on the Zimbabwe Stock Exchange

Zimbabwe Stock Exchange

The Zimbabwe Stock Exchange, or ZSE, is the official stock exchange of Zimbabwe. It has been open to foreign investment since 1993. The exchange has about a dozen members and over 65 listed securities...

. KFHL also maintains shareholding in FDH Bank

FDH Bank

FDH Bank Limited, commonly referred to as FDH Bank, is a a commercial bank in Malawi. It is one of the eleven commercial banks licensed by the Reserve Bank of Malawi, the national banking regulator. The bank, which was established in 2008, is a subsidiary of FDH Financial Holdings...

 in Malawi

Malawi

The Republic of Malawi is a landlocked country in southeast Africa that was formerly known as Nyasaland. It is bordered by Zambia to the northwest, Tanzania to the northeast, and Mozambique on the east, south and west. The country is separated from Tanzania and Mozambique by Lake Malawi. Its size...

 and in Kingdom Africa Bank Limited, an investment bank in Botswana

Botswana

Botswana, officially the Republic of Botswana , is a landlocked country located in Southern Africa. The citizens are referred to as "Batswana" . Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...

.

External links

• Website of Kingdom Bank Limited
• Website of Reserve Bank of Zimbabwe
• KFHL In Process of Re-listing on Zimbabwe Stock Exchange

See also

• List of banks in Zimbabwe
• Reserve Bank of Zimbabwe
  Reserve Bank of Zimbabwe
  The Reserve Bank of Zimbabwe is the central bank of Zimbabwe.-History:The bank traces its history to the Bank of Rhodesia and Nyasaland, founded in March 1956, which in turn was the successor to the Central Currency Board....
  
  
• Economy of Zimbabwe
  Economy of Zimbabwe
  The economy of Zimbabwe has shrunk significantly after 2000, resulting in a desperate situation for the country and widespread poverty from among others 94% unemployment. The participation from 1998 to 2002 in the war in the Democratic Republic of the Congo set the stage for this deterioration by...
  
  
• FDH Bank
  FDH Bank
  FDH Bank Limited, commonly referred to as FDH Bank, is a a commercial bank in Malawi. It is one of the eleven commercial banks licensed by the Reserve Bank of Malawi, the national banking regulator. The bank, which was established in 2008, is a subsidiary of FDH Financial Holdings...