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Cavmont Bank

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The Bank of Zambia revised capitalization requirements for local Banks and foreign Banks and it is in light of this that the holding company has warehoused 51% shares in Makumbi Investments Limited a special purpose vehicle earmarked for forward offer to local investors. As of 31 December 2013, the
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Discussions held with the Bank of Zambia to find an acceptable manner to recapitalize Cavmont Bank through a rights issue by CCHZ were concluded successfully, with CIH underwriting the rights issue. Consequently, CCHZ raised additional share capital of more than K15.4 billion in 2007 and the
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with total assets valued at ZMW:946.8 million (US$ 96.7 million), with shareholders' equity of ZMW:118.1 million (US$ 12.1 million). At that time the bank employed a total of 245 people. By December 2016, the bank's total assets had increased to ZMW:1,063,735,000.00 (US$ 108.64 million).
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The Bank was established on 1 January 2004, following a merger between Cavmont Merchant Bank Limited (incorporated in October 1992), and New Capital Bank Plc., (incorporated in June 1992). In 2006 the Bank's holding company,
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CBL provides an array of banking services including in the areas of community banking, retail banking, investment, and corporate banking. As of June 2016, the bank was a
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and largest city in Zambia. The geographical coordinates of the headquarters of the bank are: 15°24'06.0"S, 28°19'20.0"E (Latitude:-15.401667; Longitude:28.322222).
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in Namibia, in addition to its minority shareholding in Cavmont Capital Holdings Zambia Plc. The stock of the holding company, CCHZ, is Listed on the
924: 370: 1141: 980: 817: 1136: 1131: 347: 556:-based investment conglomerate. The Group has investment interests in southern Africa, as outlined in the graphic below: 1106: 1126: 139: 219:
The headquarters and main branch of Cavmont Bank Limited are located at 2374 Thabo Mbeki Road, in the city of
732: 105: 1004:"Cavmont Bank Zambia Limited aligns to consolidated group structure, positions business for strong growth" 306: 34: 450:
Tazara Branch: Ground Floor, Tazara House, Corner of Dedan Kimathi Road and Independence Avenue, Lusaka
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Industrial Branch: Blessing Center, Corner of Vubu Road and Lumumba Road, Emmasdale, Lusaka
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Makumbi Commercial Branch: Cavmont House, Piziya Office Park, 2374 Thabo Mbeki Road, Lusaka
196: 897:"Location of the Headquarters of Cavmont Bank Limited, Thabo Mbeki Road, Lusaka, Zambia" 847: 747: 520: 204: 135: 30: 1107:
Capricorn Investment Holdings Acquires 44.5% Stake In Cavmont Capital Holdings Limited
1120: 1080: 742: 737: 661: 608: 508: 502: 463: 302: 298: 1076: 975: 763: 224: 208: 1111: 1071: 818:"Cavmont Bank Annual Report and Financial Reports for he Year Ended 30 June 2016" 901: 431:
As of May 2018, Cavmont Bank maintained a network of branches at the locations:
313:. The shareholding in CCHZ and therefore in CBL is depicted in the table below: 236: 131: 127: 265:
Bank has met the equity shareholding and capital requirements for local banks.
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Capricorn Investment Holdings Botswana Limited - 94.9% Shareholding
281:(CIH), a financial conglomerate with investment interests in three 487: 481: 160: 115: 690:
There are six members on the Board of Directors of Cavmont Bank:
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Welwitschia Nammic Insurance Brokers Limited - 56.7% Shareholding
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Zambia: Cavmont Deposits Soar To K348 Million (US$ 56 Million)
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Mansa Branch: Corner of President Road and Chitimukulu Road,
277:(CCHZ). The investors in CCHZ, and therefore in CBL, include 184: 438:: Cavmont House, Piziya Office Park, 2374 Thabo Mbeki Road, 925:"Cavmont Capital Holdings Zambia Plc 2016 year end results" 501:
Chililabombwe Branch: 151 Buntungwa Road, Industrial Area,
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Ndola Branch: 93 Z-Mart Mall, Shop No 7, President Avenue,
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Cavmont Capital Holdings Zambia Plc. - 44.5% Shareholding
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Kitwe Agency: 1306 Chibuluma Road, Industrial Area, Kitwe
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Mwense Branch: Office No 5, Community Development Block,
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Capricorn Asset Management Limited - 75.2% Shareholding
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Lusaka Square Branch: Anchor House, Sapele Road, Lusaka
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Ellwood Insurance Brokers limited - 94.9% Shareholding
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Nammic Financial Services Holdings - 100% Shareholding
1072:"Namibia: Bank Windhoek Becomes 100 Percent Namibian" 851: 453:
Kalingalinga Branch: B4/29/146, Kamloops Road, Lusaka
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Sanlam Namibia Holdings Limited - 21.5% Shareholding
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Kitwe Branch: 33 Ebenezer Centre, Independence Ave,
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Cavmont Bank Limited is a 100 percent subsidiary of
519:Kasama Branch: Shoprite Centre, Independence Road, 180: 170: 158: 145: 111: 87: 72: 54: 44: 26: 635:GH Group Employee Share Trust - 16.4% Shareholding 823:. Lusaka: Cavmont Bank Limited. 28 September 2016 670:SmartSwitch Botswana Limited - 47.5% Shareholding 605:Bank Windhoek Holdings Limited - 73% Shareholding 383:Zambia National Pensions Scheme Authority (NAPSA) 789:"The Board of Directors of Cavmont Bank Limited" 495:Chingola Branch: ZRA Building, 11 Kitwe Road, 844:"List of Licensed Commercial Banks in Zambia" 676:Capricorn Capital Limited - 100% Shareholding 8: 875:"The Branch Network of Cavmont Bank Limited" 456:Garden Branch: 39 Katima Mulilo Road, Lusaka 21: 255:Capricorn Investment Holdings Limited (CIH) 251:Cavmont Capital Holdings Zambia Plc (CCHZ)' 166:ZMW:946.8 million (US$ 96.7 million) (2016) 315: 309:(LUSE), where it trades under the symbol: 261:re-positioning of Cavmont Bank commenced. 20: 548:under the umbrella of the parent company 154:Aftertax:ZMW:696,000 (US$ 71,100) (2016) 128:Foreign & Local Currency Investments 969:Weildlich, Brigitte (15 January 2009). 776: 371:Netherlands Development Finance Company 1070:Katswara, Tonderai (9 November 2006). 1049:"The Branches of Cavmont Bank Limited" 812: 810: 808: 806: 474:Chipata Branch: 4769 Lunkhwakwa Road, 782: 780: 614:BW Finance Limited - 73% Shareholding 7: 971:"Capricorn Did Not Buy Zambian Bank" 620:Namib BOU Limited - 73% Shareholding 297:. CIH owns controlling interests in 275:Cavmont Capital Holdings Zambia Plc. 679:Cyan ES Limited - 100% Shareholding 507:Mbala Branch: Independence Avenue, 14: 756: 643: 590: 561: 544:Cavmont Bank is a member of the 531:Mufumbwe Branch: 1 Main Street, 211:and national banking regulator. 150: 149: 1026:"Cavmont Bank: Company Profile" 1002:Cavmont Bank (1 January 2017). 948:"Cavmont Bank: Company Profile" 700:Thinus Prinsool - Vice Chairman 513:Mpulungu Branch: Harbour Road, 1051:. Lusaka: Cavmont Bank Limited 1006:. Lusaka: Cavmont Bank Limited 950:. Lusaka: Cavmont Bank Limited 877:. Lusaka: Cavmont Bank Limited 791:. Lusaka: Cavmont Bank Limited 136:Online Banking & ePayments 1: 1142:2004 establishments in Zambia 842:Bank of Zambia (1 May 2018). 550:Capricorn Investment Holdings 348:Capricorn Investment Holdings 317:Cavmont Bank Stock Ownership 279:Capricorn Investment Holdings 546:Capricorn Group of Companies 1047:Cavmont Bank (1 May 2018). 946:Cavmont Bank (1 May 2018). 923:Financifi (29 March 2017). 873:Cavmont Bank (1 May 2018). 787:Cavmont Bank (1 May 2018). 703:Chitupa Muzariri - Director 336:Makumbi Investments Limited 1158: 979:. Windhoek. Archived from 706:Johan Swanepoel - Director 1137:Banks established in 2004 1132:Companies based in Lusaka 203:. It is licensed by the 927:. Lusaka: Financifi.com 712:Charles H de B Carey - 709:Joseph Ngosa - Director 106:Chief Executive Officer 76:2374 Thabo Mbeki Road, 16:Zambian commercial bank 624:Santam Namibia Limited 360:Cavmont and Company SA 60:; 20 years ago 662:Bank Gaborone Limited 609:Bank Windhoek Limited 328:Percentage Ownership 307:Lusaka Stock Exchange 102:Charles H. de B Carey 664:- 94.9% Shareholding 582:- 44.5% Shareholding 580:Cavmont Bank Limited 193:Cavmont Bank Limited 58:January 1, 2004 22:Cavmont Bank Limited 626:- 18.3%Shareholding 540:The Capricorn Group 318: 172:Number of employees 23: 983:on 23 October 2014 611:- 73% Shareholding 393:White Barry Howard 316: 49:Financial services 714:Managing Director 694:Guy D.Z. Phiri - 424: 423: 190: 189: 1149: 1094: 1093: 1091: 1089: 1067: 1061: 1060: 1058: 1056: 1044: 1038: 1037: 1035: 1033: 1022: 1016: 1015: 1013: 1011: 999: 993: 992: 990: 988: 966: 960: 959: 957: 955: 943: 937: 936: 934: 932: 920: 914: 913: 911: 909: 893: 887: 886: 884: 882: 870: 864: 863: 861: 859: 850:. Archived from 839: 833: 832: 830: 828: 822: 814: 801: 800: 798: 796: 784: 766: 761: 760: 759: 648: 647: 595: 594: 566: 565: 525:Solwezi Branch: 319: 301:in Botswana and 283:Southern African 163: 153: 152: 68: 66: 61: 24: 1157: 1156: 1152: 1151: 1150: 1148: 1147: 1146: 1127:Banks of Zambia 1117: 1116: 1103: 1098: 1097: 1087: 1085: 1069: 1068: 1064: 1054: 1052: 1046: 1045: 1041: 1031: 1029: 1024: 1023: 1019: 1009: 1007: 1001: 1000: 996: 986: 984: 968: 967: 963: 953: 951: 945: 944: 940: 930: 928: 922: 921: 917: 907: 905: 895: 894: 890: 880: 878: 872: 871: 867: 857: 855: 854:on 21 June 2010 841: 840: 836: 826: 824: 820: 816: 815: 804: 794: 792: 786: 785: 778: 773: 762: 757: 755: 752: 723: 688: 642: 589: 560: 542: 429: 271: 246: 233: 217: 197:commercial bank 173: 159: 104: 100: 96: 90: 64: 62: 59: 17: 12: 11: 5: 1155: 1153: 1145: 1144: 1139: 1134: 1129: 1119: 1118: 1115: 1114: 1109: 1102: 1101:External links 1099: 1096: 1095: 1062: 1039: 1028:. Cavmont Bank 1017: 994: 961: 938: 915: 888: 865: 848:Bank of Zambia 834: 802: 775: 774: 772: 769: 768: 767: 751: 750: 748:Bank of Zambia 745: 740: 735: 730: 728:Zambia Economy 724: 722: 719: 718: 717: 710: 707: 704: 701: 698: 687: 684: 683: 682: 681: 680: 677: 674: 671: 668: 665: 659: 653: 652: 639: 638: 637: 636: 633: 630: 627: 621: 618: 615: 612: 606: 600: 599: 586: 585: 584: 583: 577: 571: 570: 541: 538: 537: 536: 529: 523: 517: 511: 505: 499: 493: 490: 484: 478: 472: 466: 460: 457: 454: 451: 448: 445: 442: 428: 427:Branch Network 425: 422: 421: 416: 411: 408: 407: 404: 401: 397: 396: 394: 391: 387: 386: 384: 381: 377: 376: 374: 368: 364: 363: 361: 358: 354: 353: 350: 345: 341: 340: 337: 334: 330: 329: 326: 323: 270: 267: 245: 242: 232: 229: 216: 213: 205:Bank of Zambia 188: 187: 182: 178: 177: 174: 171: 168: 167: 164: 156: 155: 147: 143: 142: 113: 109: 108: 91: 88: 85: 84: 74: 70: 69: 56: 52: 51: 46: 42: 41: 28: 15: 13: 10: 9: 6: 4: 3: 2: 1154: 1143: 1140: 1138: 1135: 1133: 1130: 1128: 1125: 1124: 1122: 1113: 1110: 1108: 1105: 1104: 1100: 1083: 1082: 1081:AllAfrica.com 1078: 1073: 1066: 1063: 1050: 1043: 1040: 1027: 1021: 1018: 1005: 998: 995: 982: 978: 977: 972: 965: 962: 949: 942: 939: 926: 919: 916: 904: 903: 898: 892: 889: 876: 869: 866: 853: 849: 845: 838: 835: 819: 813: 811: 809: 807: 803: 790: 783: 781: 777: 770: 765: 754: 749: 746: 744: 743:Bank Windhoek 741: 739: 738:Bank Gaborone 736: 734: 731: 729: 726: 725: 720: 715: 711: 708: 705: 702: 699: 697: 693: 692: 691: 685: 678: 675: 672: 669: 666: 663: 660: 657: 656: 655: 654: 651: 646: 641: 640: 634: 631: 628: 625: 622: 619: 616: 613: 610: 607: 604: 603: 602: 601: 598: 593: 588: 587: 581: 578: 575: 574: 573: 572: 569: 564: 559: 558: 557: 555: 551: 547: 539: 534: 530: 528: 524: 522: 518: 516: 512: 510: 506: 504: 503:Chililabombwe 500: 498: 494: 491: 489: 485: 483: 479: 477: 473: 471: 467: 465: 461: 458: 455: 452: 449: 446: 443: 441: 437: 434: 433: 432: 426: 420: 417: 415: 412: 410: 409: 405: 402: 399: 398: 395: 392: 389: 388: 385: 382: 379: 378: 375: 372: 369: 366: 365: 362: 359: 356: 355: 351: 349: 346: 343: 342: 338: 335: 332: 331: 327: 325:Name of Owner 324: 321: 320: 314: 312: 308: 304: 303:Bank Windhoek 300: 299:Bank Gaborone 296: 292: 288: 284: 280: 276: 268: 266: 262: 258: 256: 252: 243: 241: 238: 230: 228: 226: 222: 214: 212: 210: 206: 202: 198: 194: 186: 183: 179: 175: 169: 165: 162: 157: 148: 144: 141: 137: 133: 129: 125: 121: 117: 114: 110: 107: 103: 99: 95: 92: 86: 83: 79: 75: 71: 57: 53: 50: 47: 43: 40: 36: 32: 29: 25: 19: 1086:. Retrieved 1077:The Namibian 1075: 1065: 1053:. Retrieved 1042: 1030:. Retrieved 1020: 1008:. Retrieved 997: 985:. Retrieved 981:the original 976:The Namibian 974: 964: 952:. Retrieved 941: 929:. Retrieved 918: 906:. Retrieved 900: 891: 879:. Retrieved 868: 856:. Retrieved 852:the original 837: 825:. Retrieved 793:. Retrieved 764:Banks portal 733:Zambia Banks 689: 649: 596: 579: 567: 549: 545: 543: 435: 430: 418: 413: 310: 278: 274: 272: 263: 259: 254: 250: 247: 234: 218: 209:central bank 192: 191: 161:Total assets 101: 93: 73:Headquarters 38: 27:Company type 18: 902:Google Maps 436:Head Office 285:countries: 237:retail bank 132:Debit Cards 1121:Categories 1084:. Windhoek 1032:23 October 846:. Lusaka: 771:References 686:Governance 403:319 Others 176:245 (2016) 89:Key people 65:2004-01-01 269:Ownership 94:Guy Phiri 721:See also 696:Chairman 650:Botswana 533:Mufumbwe 515:Mpulungu 497:Chingola 287:Botswana 231:Overview 215:Location 185:Homepage 120:Checking 112:Products 98:Chairman 45:Industry 899:(Map). 597:Namibia 554:Namibia 527:Solwezi 476:Chipata 291:Namibia 244:History 225:capital 181:Website 146:Revenue 124:Savings 63: ( 55:Founded 568:Zambia 521:Kasama 470:Mwense 440:Lusaka 295:Zambia 223:, the 221:Lusaka 207:, the 201:Zambia 82:Zambia 78:Lusaka 31:Public 1088:1 May 1055:1 May 1010:1 May 987:1 May 954:1 May 931:1 May 908:1 May 881:1 May 858:1 May 827:1 May 821:(PDF) 795:1 May 509:Mbala 488:Kitwe 482:Ndola 464:Mansa 414:Total 373:(FMO) 352:44.2 339:51.0 195:is a 116:Loans 1090:2018 1079:via 1057:2018 1034:2014 1012:2018 989:2018 956:2018 933:2018 910:2018 883:2018 860:2018 829:2018 797:2018 552:, a 406:3.0 322:Rank 311:CCHZ 293:and 140:ATMs 39:CCHZ 35:LUSE 419:100 199:in 1123:: 1074:. 973:. 805:^ 779:^ 400:7. 390:6. 380:5. 367:4. 357:3. 344:2. 333:1. 289:, 138:, 134:, 130:, 126:, 122:, 118:, 80:, 37:: 33:: 1092:. 1059:. 1036:. 1014:. 991:. 958:. 935:. 912:. 885:. 862:. 831:. 799:. 716:. 535:. 67:)

Index

Public
LUSE
Financial services
Lusaka
Zambia
Chairman
Chief Executive Officer
Loans
Checking
Savings
Foreign & Local Currency Investments
Debit Cards
Online Banking & ePayments
ATMs
Total assets
Homepage
commercial bank
Zambia
Bank of Zambia
central bank
Lusaka
capital
retail bank
Southern African
Botswana
Namibia
Zambia
Bank Gaborone
Bank Windhoek
Lusaka Stock Exchange

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