Development Bank of Zambia (DBZ), Zambia
The Development Bank of Zambia (DBZ) is a Development Finance Institution (DFI) established in the early 1970s by an Act of Parliament, as a joint venture between the Government of the Republic of Zambia (GRZ), Public Sector Financial Institutions, on one hand, local private sector and foreign bilateral and multilateral institutions, on the other. At inception GRZ and Public Sector financial Institutions constituted the class ‘A’ shareholders and held 90% of the shares while the balance of 10% was held by the class 'B’ shareholders.
Functions, Products and Services
DBZIS mission is to provide to the industrial and commercial sectors, efficient and cost effective financial resources to enhance economic activities and development. The Bank’s products and services are; project finance; trade finance; leasing finance;Bonds & guarantees; business advisory services; working capital loans; equity financing. The bank’s priority sectors are agriculture, processing industries, manufacturing, tourism, transport and haulage, fisheries and infrastructure.... Read More.