How it started
History
The bank was founded in 1956 by Rhodesia Selection Trust (RST) as the Merchant Bank of Central Africa. Following the issuance of a commercial banking license by the Reserve Bank of Zimbabwe, the national banking regulator, the bank rebranded to MBCA Bank Limited in 2004.
Significant to the development of Southern Rhodesia and to the failing Central African Federation is at much the same time RST's competitor Anglo-American joined with Lazard Brothers of London to found Rhodesian Acceptances Limited (RAL). RAL, now known as RAL Merchant Bank (Zimbabwe) was part of Anglo-America until reorganisation/rationalisation, now in the Nedbank/Old Mutual Group.
From Wikipedia’s article on MBCA Bank, shared under CC BY-SA 4.0.2