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Investrust Bank

Investrust Bank Plc., commonly known as Investrust Bank, was a commercial bank in Zambia, licensed by the Bank of Zambia, the central bank and national banking regulator.[1] In 2024, the bank became insolvent and was possessed by the Bank of Zambia.[2][3]

Location

The head office of the bank was in Ody's Building, along Great East Road, in Lusaka. The main branch of Investrust Bank Zambia Limited was located in Investrust House, at 4527 and 4527 Freedom Way, in the city of Lusaka, Zambia.[4]

Overview

, Investrust Bank was a medium-sized financial services provider in Zambia. It had under its control, assets totaling ZMW:1.284 billion (US$129.7 million), with shareholders' equity valued at ZMW:115.32 million (US$11.64 million).[5]

History

The bank was founded in 1996, registering as a corporate entity, receiving a banking license and commencing banking operations during that year. In the beginning, the institution was privately held and was known as Investrust Merchant Bank Zambia Limited. In 2002, the bank's name was changed to Investrust Bank Limited. During 2004, the bank's stock was provisionally listed on the Lusaka Stock Exchange (LUSE) for the first time. In 2007 the bank's stock became fully listed on the LUSE.[6] In April 2024 the Bank of Zambia formally took possession of the bank due to insolvency.[3] In July 2025 the bank was formerly delisted.[7]

Ownership

Investrust bank was a public company whose stock was publicly traded on the Lusaka Stock Exchange until July 2025.[7] The detailed shareholding in the bank was as depicted in the table below, as of 31 December 2016.[5]

Branch Network

, the bank previously maintained a network of branches at the following locations:[4]

  • 1) Head Office: Ody's Building, Great East Road, Lusaka
  • 2) Lusaka Main Branch: Investrust House, 4527/8 Freedom Way, Lusaka
  • 3) Savings Centre Branch: Investrust House, 4527/8 Freedom Way, Lusaka
  • 4) Kenneth Kaunda International Airport Agency: Lusaka International Airport, Lusaka
  • 5) Arcades Branch: Shop Number 32, Great East Road, Lusaka
  • 6) Mulungushi Branch: Mulungushi House, Ridgeway, Lusaka
  • 7) Industrial Branch: 13969 Chandwe Musonda Road, Lusaka
  • 8) Soweto Branch: Off of Los Angeles Road, Stand Number 67, New Soweto Market, Lusaka
  • 9) Kafue Road Branch: 14093 Kafue Road, Lusaka
  • 10) Manda Hill Branch: Manda Hill Shopping Centre, Corner of Great East Road & Manchinchi Road, Lusaka
  • 11) Levy Business Park Branch: Shop Number F06 & F08 Levy Business Park, Lusaka
  • 12) Mumbwa Road Branch: 284/132/34 Unit 5, Mumbwa Road, Lusaka
  • 13) Chililabombwe Branch: 72 Independence Avenue, Town Centre, Chililabombwe
  • 14) Chingola Branch: Civic Centre Building, Kabundi Road, Chingola
  • 15) Chipata Branch: 1783 Parenyatwa Road, Chipata
  • 16) Mwami Border Agency: Chipata
  • 17) Chirundu Branch: Units 39/40 & 51/52, Clearing Agents Building, Chirundu OSBP, Chirundu Border Road, Chirundu
  • 18) Choma Branch: 398 Livingstone Road, Choma
  • 19) Copperbelt University Branch: Main Campus, Copperbelt University, Riverside, Kitwe
  • 20) Freedom Avenue Branch: Freedom Avenue, Kitwe
  • 21) Kabwe Branch: 1549 Kabwe Municipal, Revenue Hall, Freedom Way, Kabwe
  • 22) Kitwe Branch: 14 Obote Avenue, Kitwe
  • 23) Livingstone Branch: 103 Mosi-0-Tunya Road, Livingstone
  • 24) Nkumbula International Airport Agency: Harry Mwanga Nkumbula International Airport, Livingstone
  • 25) Luangwa Branch: Luangwa
  • 26) Lumwana Branch: Lumwana
  • 27) President Avenue Branch: 93902 Z–Mart Mall Building, President Avenue, Ndola
  • 28) Buteko Avenue Branch: Stand Number 3371, Ndola
  • 29) Solwezi Branch: 23/24 Independence Avenue, Solwezi
  • 30) Mongu Branch: 1868 Independence Road, Mongu.

Governance

At the time of its insolvency, Mr. Peter Banda served as non-executive Chairman of the Board of Directors and Mr. Simangolwa Shakalima was the Managing Director and Chief Executive Officer.[5]

See also

External links

References

  1. Bank of Zambia. List of Licensed Commercial Banks in Zambia Bank of Zambia, 2 May 2018, retrieved 2 May 2018^
  2. Indigenous banks collapsing in Zambia: A closer look at Investrust www.dandc.eu, 18 November 2024, retrieved 4 August 2025^
  3. GOVERNOR’S PRESS BRIEFING DISCUSSION POINTS ON INVESTRUST BANK PLC (IN POSSESSION)^
  4. Investrust Bank. The Branch List of Investrust Bank Zambia Limited Investrust Bank Zambia Limited, 2 May 2018, retrieved 2 May 2018^
  5. Investrust Bank. Investrust Bank Final Audited Annual Report for the Year Ended 31 December 2016 Investrust Bank Zambia Limited, 11 April 2017, retrieved 2 May 2018^
  6. Investrust Bank. The History of Investrust Bank Plc Investrust Bank Zambia Limited, 2 May 2018, retrieved 2 May 2018^
  7. DELISTING OF INVESTRUST BANK PLC Lusaka Securities Exchange (LuSE), July 24, 2024, retrieved August 5, 2025^