Nedbank Zimbabwe Limited
commercial bank in Zimbabwe
Nedbank Zimbabwe Limited, also Nedbank Zimbabwe, is a commercial bank in Zimbabwe. It is licensed by the Reserve Bank of Zimbabwe, the central bank and national banking regulator. The bank was previously known as MBCA Bank, prior to rebranding to its present name.
Location
The headquarters of the bank and its min branch are located on the 14th Floor of Old Mutual Centre, at the corner of Third Street and Jason Moyo Avenue, in Harare, the capital and largest city in Zimbabwe. The geographical coordinates of the bank's headquarters are: 17°49'46.0"S, 31°03'12.0"E (Latitude:-17.829444; Longitude:31.053333).
Overview
As of December 2014, the bank is a medium-sized financial services provider in Zimbabwe, with an asset base of nearly ZWL19.956 Billion (historical terms)and ZWL20.007 Billion (Inflation adjusted terms), and shareholders' equity amounting to ZWL1 956 989 405 (historical) and ZWL1 957 136 131 (Inflation-adjusted).
The bank is a subsidiary of the Nedbank Group, an established financial services provider, headquartered in Johannesburg, South Africa, with total assets of almost ZAR1 188 005, as at June 2021.
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).
The public source identifies “Nedbank Zimbabwe Limited” as commercial bank in Zimbabwe. This brief keeps that definition visible, then builds a research path around Nedbank, Zimbabwe and Limited.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Aug 14, 2026. The linked authority identifier is Q6714682. 2 of 2 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 2014, 2021, 1956 and 2004.
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This entry incorporates text from “Nedbank Zimbabwe Limited” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.