The story
The bank was founded in 1980 as the Bank of Credit and Commerce Zimbabwe Limited (BCCZL). In 1991, after the collapse of its parent, BCCI, the Government of Zimbabwe acquired full ownership to protect depositors and restructured the institution as the Commercial Bank of Zimbabwe (CBZ).Paul Tangi Mhova Mkondo was one of the main principal founders of the bank.
In 2005, CBZ Holdings Limited was created as a holding company for the group’s growing financial services operations, with CBZ Bank as its flagship subsidiary. In 2010, the bank rebranded as CBZ Bank Limited to align with the group’s identity. Since then, it has expanded into insurance, investments, and property services while modernising through digital platforms such as CBZ Touch and the Zikimall.
From Wikipedia’s article on CBZ Bank Limited, shared under CC BY-SA 4.0.3