WE HAVE COME A LONG WAY AND WE ARE GEARED TO OFFER MORE
ZB Financial Holdings Limited was incorporated in Zimbabwe in May 1989, as a holding company for a group of companies, which have been providing commercial and merchant banking and other financial services since 1951.
The first operations of its subsidiaries began in 1951. By 1961, there were nine branches operating countrywide. In August that same year, the company was sold to the Netherlands Bank of Rhodesia and it maintained a steady growth through acquisitions of related companies as well as expansion of existing operations.
In 1972, the company changed its name from The Netherlands Bank of Rhodesia Limited to Rhodesia Banking Corporation Limited and then to Rhobank in 1979. It changed its name once again in 1981 to Zimbabwe Banking Corporation after the Government purchased the majority shareholding.
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