ABC Holdings (Zimbabwe) Limited is a diversified, reliable, and accessible financial services institution with deep roots and a wide footprint across Zimbabwe. Built on ambition, innovation, and strategic partnerships, we serve as a bridge between your vision and your financial success. Who We Are

A Legacy of Growth

ABCHZ was originally established to facilitate the dual listing of ABC Holdings Limited in both Botswana and Zimbabwe, and to consolidate the Zimbabwean subsidiaries under a non-operating holding company (NOHC) structure

Our journey began in 2000, born from a visionary merger between First Merchant Bank (FMB), UDC, and the Bard Group of Companies. FMB had earlier merged with Heritage Investment Bank, renowned for pioneering financial instruments like commercial paper, currency swaps, and corporate bonds. 

Starting as a corporate and wholesale bank, we pivoted in 2008 to include retail banking, SME financing, and micro-lending. This transformation, funded entirely through internal resources, has made ABCHZ a universal banking force in Zimbabwe.

Our Origins and Growth

ABCHZ was originally established to facilitate the dual listing of ABC Holdings Limited in both Botswana and Zimbabwe, and to consolidate the Zimbabwean subsidiaries under a non-operating holding company (NOHC) structure. ABC Holdings Zimbabwe traces its roots back to the year 2000, following a complex but visionary merger between First Merchant Bank (FMB), UDC, and the Bard Group of Companies. Prior to this, FMB had itself merged with Heritage Investment Bank, a boutique merchant bank renowned for its innovation, in 1997. Initially focused on corporate and wholesale banking, the Group distinguished itself through its deep market insights and disciplined capital approach. In 2008, ABC Holdings Zimbabwe made a strategic shift, expanding into retail banking and launching a comprehensive suite of services including SME financing and micro-lending products. This expansion—funded entirely from internal resources—has significantly accelerated growth, transforming the Group into a universal banking powerhouse.

VISION

To provide relevant financial solutions that empower individuals, businesses, and communities to thrive.

MISSION

We are committed to creating exceptional customer experiences through smart products and transformative technologies.

VISION

To provide relevant financial solutions that empower individuals, businesses, and communities to thrive.

MISSION

We are committed to creating exceptional customer experiences through smart products and transformative technologies.

VALUES

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Integrity

Trust and transparency guide every decision we make.

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Agility

We move fast to meet changing need.

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Accountability

We own our outcomes and stand by our promises.

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Collaboration

Working together for shared success

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Compassion

Serving people, not just accounts.

1955

Incorporation

Rhodesia Acceptances Limited is incorporated.

1973

B.A.R.D Investments

B.A.R.D Investments (Private) Limited is incorporated.

1978

RAL Merchant Bank

RAL changes its name to RAL Merchant Bank.

1990

First Merchant Bank

RAL Merchant Bank Limited is renamed First Merchant Bank of Zimbabwe Limited.

1997 (March)

Von Seidel Established

Von Seidel is established.

1997

Heritage & FMB Merger

After the merging of Heritage IB & FMB the new entity continued with the name First Merchant Bank of Zimbabwe Ltd.

1997 (June)

BARD Stockbrokers

Von Seidel Investment Brokers (Private) Limited is renamed BARD Stockbrokers.

1997 (July)

BARD Stockbrokers Launch

BARD Stockbrokers is established.

1997 (October)

BARD Asset Management

BARD Investment Services is renamed BARD Asset Management (Private) Limited.

2000

ABC Zimbabwe Established

First Merchant Bank of Zim Ltd merged with Bard Discount House and UDC Ltd to establish African Banking Corporation Zimbabwe Limited.

2001 (August)

ABC Zimbabwe

First Merchant Bank of Zimbabwe Limited is renamed African Banking Corporation of Zimbabwe Limited.

2001

ABC Holdings

ABC Holdings (Zimbabwe) Limited is established.

2002 (June)

ABC Asset Management

BARD Asset Management is renamed ABC Asset Management Private Limited.

2002 (July)

ABC Stockbrokers

BARD Stockbrokers is renamed ABC Stockbrokers.

2008–2010

BancABC Launch

African Banking Corporation of Zimbabwe Limited launches its retail project trading as BancABC.

2013

BancEASY

ABC Easy Loans Private Limited is established trading as BancEASY.

1955
1973
1978
1990
97(Mar)
1997
97(Jun)
97(Jul)
97(Oct)
2000
01(Aug)
2001
02(Jun)
02(Jul)
08–10
2013

ABC Holdings (Zimbabwe) Limited (ABCHZ) was originally established to facilitate the dual listing of ABC Holdings (Zimbabwe) Limited in both Botswana and Zimbabwe, and to consolidate the Zimbabwean subsidiaries under a non-operating holding company (NOHC) structure