Banks Market Share in Zambia

I got my hands on some really interest data a couple of weeks back and decided to compile the information and publish it, just in case someone out there finds it useful. And for the record NO! I am not planning to open a bank of my own –well, at least that thought hasn’t crossed my mind yet 😉 I have never quite been interested in the banking sector, not until more and more of them kept coming to Zambia. We have a total of eighteen (18) now –quite shocking if you ask me. In terms of market share, as of August 2012, Zanaco is market leader with 22.18%, while Bank of China is at the far end of the spectrum.

The overall market share distribution, in terms of the total number of bank branches, is shown in the pie chart below.

Bank Branches Market Share Distribution

Bank Branches Market Share Distribution

Drilling down at province level gives even more interesting results…

Bank Branch Market Share by Province

Bank Branch Market Share by Province

The raw data used to create the plots is in the table below.

CentralCopperbeltEasternLuapulaLusakaN/WesternNorthernSouthernWestern
ABC020000000
Access040000000
Barklays2292201411
Bank of China010000000
Cavmont031171300
Citi020000000
Eco050000000
First Alliance040000000
Finance3121203770
FNB060000010
ICBZL020000000
Indo Zambia131080010
Intermarket040000000
Investrust082001030
Stanbic151061020
Stanchart1121001211
UBA040000000
UBZ020000000
Zanaco3303223282

Disclaimer: The results are as of August 2012, and it’s entirely possible that I may have left out a bank or two… leave a comment if that’s the case.

  • chilekwa louis

    This is good good and helpfull data for both individuals and corporate

    • Someone finally left a comment –after seven months 🙂 Glad this was of help to you @fe9242c2a6061ff490720e667f839854:disqus

  • jessica lupaka

    this was definitely helpful information. used a lot of it in an assignment and acknowledged you as a source. keep it coming!