The headquarters of the financial services conglomerate are located on the 3rd Floor of Union House, at 60 Kwame Nkrumah Avenue, in downtown Harare, the capital and largest city in Zimbabwe.[4] The geographical coordinates of the bank's headquarters are: 17°49'40.0"S, 31°02'55.0"E (Latitude:-17.827778; Longitude:31.048611).[5]
Overview
As of December 2017[update], CBZ Holdings Limited is a large financial services conglomerate in Zimbabwe, with an asset base in excess of US$2.192 billion, and shareholders' equity in excess of US$309.69 million.[2]
History
The flagship business of the Group, CBZ Bank Limited, was founded in 1980. It was taken over by the Government of Zimbabwe in 1991, to avert looming liquidation and was renamed Commercial Bank of Zimbabwe Limited. The company was listed on the Zimbabwe Stock Exchange in 1998. In 2005, the company rebranded, creating CBZ Bank as the main business and CBZ Holdings Limited as the holding company.[6] The member businesses of the Group are as illustrated in the table below, as at 31 December 2017.[2]
CBZ Holdings Limited is a publicly traded company. Its stock is listed on the Zimbabwe Stock Exchange, where it trades under the symbol: CBZ. According to the December 2017 Annual Report of the CBZ Holdings Limited (CBZ Group), the major shareholders in the Group were as listed in the table below:[2]
^The Herald Staff (29 May 2018). . The Zimbabwe Herald via AllAfrica.com. Harare. Archived from the original on 31 May 2018. Retrieved 31 May 2018.
^ abcdeCBZ Holdings (15 March 2018). . Harare: CBZ Holdings Limited. Archived from the original on 14 May 2018. Retrieved 13 May 2018.
^Reutors (13 May 2018). "Company Profile of CBZ Holdings Limited". Reuters.com. Retrieved 13 May 2018.
^Reserve Bank of Zimbabwe (30 June 2014). "Profile of CBZ Bank Limited". Harare: Reserve Bank of Zimbabwe. Retrieved 13 May 2018.
^Google (13 May 2018). "Location of the headquarters of CBZ Bank Limited" (Map). Google Maps. Google. Retrieved 13 May 2018.
^Reserve Bank of Zimbabwe (30 June 2014). "Profile of CBZ Bank Limited". Harare: Reserve Bank of Zimbabwe. Retrieved 13 May 2018.
External links
Listed Companies At Zimbabwe Stock Exchange
January 07, 2023
holdings, whose, full, name, limited, financial, services, conglomerate, zimbabwe, owns, subsidiaries, banking, insurance, investments, wealth, management, mortgages, retail, finance, typepublictraded, aszse, cbzindustryfinancial, servicesfounded1980, years, 1. CBZ Holdings whose full name is CBZ Holdings Limited is a financial services conglomerate in Zimbabwe It owns subsidiaries in banking insurance investments wealth management mortgages and retail finance 3 CBZ HoldingsTypePublicTraded asZSE CBZIndustryFinancial servicesFounded1980 43 years ago 1980 HeadquartersHarare ZimbabweKey peopleMarc HoltzmanGroup Chairman Blessing MudavanhuGroup Chief Executive 1 ProductsBanking Insurance Investments Debit Cards Credit Cards Mortgages Wealth ManagementRevenueAftertax US 27 84 million 2017 2 Total assetsUS 2 192 billion 2017 2 Websitecbz wbr co wbr zw Contents 1 Location 2 Overview 3 History 4 Ownership 5 See also 6 References 7 External linksLocation EditThe headquarters of the financial services conglomerate are located on the 3rd Floor of Union House at 60 Kwame Nkrumah Avenue in downtown Harare the capital and largest city in Zimbabwe 4 The geographical coordinates of the bank s headquarters are 17 49 40 0 S 31 02 55 0 E Latitude 17 827778 Longitude 31 048611 5 Overview EditAs of December 2017 update CBZ Holdings Limited is a large financial services conglomerate in Zimbabwe with an asset base in excess of US 2 192 billion and shareholders equity in excess of US 309 69 million 2 History EditThe flagship business of the Group CBZ Bank Limited was founded in 1980 It was taken over by the Government of Zimbabwe in 1991 to avert looming liquidation and was renamed Commercial Bank of Zimbabwe Limited The company was listed on the Zimbabwe Stock Exchange in 1998 In 2005 the company rebranded creating CBZ Bank as the main business and CBZ Holdings Limited as the holding company 6 The member businesses of the Group are as illustrated in the table below as at 31 December 2017 2 CBZ Holdings Limited Subsidiaries Rank Name of Owner Asset Value Percentage Ownership Notes1 CBZ Bank Limited US 1 991 520 000 100 Commercial Bank2 CBZ Life Insurance US 18 580 000 100 Life Insurance3 CBZ General Insurance US 13 220 000 100 General Insurance4 CBZ Asset Management Datvest US 3 720 000 100 Asset ManagementTotal 2 192 660 000 100 Ownership EditCBZ Holdings Limited is a publicly traded company Its stock is listed on the Zimbabwe Stock Exchange where it trades under the symbol CBZ According to the December 2017 Annual Report of the CBZ Holdings Limited CBZ Group the major shareholders in the Group were as listed in the table below 2 Shareholding in CBZ Holdings LimitedRank Shareholder Percentage Ownership1 CBZ Holdings Limited 24 582 Government of Zimbabwe 16 013 Libyan Foreign Bank 14 064 National Social Security Authority of Zimbabwe 11 715 PIM Nominees Private Limited 6 706 Old Mutual Life Association Company Zimbabwe Limited 5 457 Stanbic Nominees Private Limited NNR 4 348 PIM Nominees NNR 1 729 SCB Nominees 1 5310 Stanbic Nominees Private Limited 1 4211 Others 12 48Total 100 00See also Edit CBZ Bank Limited Economy of Zimbabwe Reserve Bank of Zimbabwe Zimbabwe Stock ExchangeReferences Edit The Herald Staff 29 May 2018 Zimbabwe CBZ Appoints New CEO The Zimbabwe Herald via AllAfrica com Harare Archived from the original on 31 May 2018 Retrieved 31 May 2018 a b c d e CBZ Holdings 15 March 2018 Annual Report for the Year Ended 31 December 2017 Harare CBZ Holdings Limited Archived from the original on 14 May 2018 Retrieved 13 May 2018 Reutors 13 May 2018 Company Profile of CBZ Holdings Limited Reuters com Retrieved 13 May 2018 Reserve Bank of Zimbabwe 30 June 2014 Profile of CBZ Bank Limited Harare Reserve Bank of Zimbabwe Retrieved 13 May 2018 Google 13 May 2018 Location of the headquarters of CBZ Bank Limited Map Google Maps Google Retrieved 13 May 2018 Reserve Bank of Zimbabwe 30 June 2014 Profile of CBZ Bank Limited Harare Reserve Bank of Zimbabwe Retrieved 13 May 2018 External links Edit Website of CBZ Holdings Limited Listed Companies At Zimbabwe Stock Exchange Retrieved from https en wikipedia org w index php title CBZ Holdings amp oldid 1029211563, wikipedia, wiki, book, books, library,
