Rahul Sharma (Editor)

Metbank

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Type
  
Private

Website
  
Homepage

Founded
  
1999

Industry
  
Financial Services

Headquarters
  
Harare

Total assets
  
197.4 million USD (2012)

Key people
  
Wilson T. Manase Chairman Belmont Ndebele Chief Executive Officer

Products
  
Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages

Revenue
  
Aftertax:US$1.585 million (2012)

Parent organization
  
Loita Capital Partners International Limited

Metbank, formerly known as Metropolitan Bank of Zimbabwe, is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe, the central bank and national banking regulator.

Contents

Overview

Metbank serves large corporations, small to medium enterprises (SMEs), as well as individuals. It maintains over twenty offices in Zimbabwe and a representative office in Kuala Lumpur, Malaysia. The bank partners with MasterCard to issue debit and credit cards. As of December 2012, Metbank was a medium-sized financial services provider, with an asset base of US$197.4 million, with shareholders' equity valued at US$44.5 million.

Ownership

According to the website of Metbank, the major shareholders in the stock of the bank include the following:

Branch network

As of October 2013, Metbank maintains a network of branches at the following locations:

  1. Main Branch - Metropolitan House, 3 Central Avenue, Harare
  2. Belgravia Branch - 8 Lanark Road, Belgravia, Harare
  3. Mbare Branch - 8 Roden Street, Magaba, Harare
  4. Harare Polytechnic Branch - Herbert Chitepo and West Avenue, Harare
  5. Sam Nujoma Branch - Old Mutual House, 18 Sam Nujoma Street, Harare
  6. Machipisa Branch - 1498 Tondori Building, Machipisa, Harare
  7. Kwame Nkrumah Branch - 25 Kwame Nkrumah Avenue, Harare
  8. Southerton Branch - Paisley Road at Highfield Road, Southerton, Harare
  9. Beitbridge Branch - 40/41 Living Waters Centre, Beitbridge
  10. Bulawayo Branch - 4 East End Building, Robert Mugabe Street at 9th Avenue, Bulawayo
  11. Bubi Branch - Bubi RDC Complex, Turk Mine, Bubi
  12. Chipinge Branch - Chipinge
  13. Zengeza Branch - 213646 Zengeza 2, Chitungwiza
  14. Hotsprings Branch - Hotsprings Resort, Chimanimani
  15. Gweru Branch - Gweru Polytechnic Campus, 137 Harare Road, Gweru
  16. Kwekwe Branch - Kwekwe Polytechnic, 1 Railway Road, Kwekwe
  17. Masvingo Branch - Masvingo Polytechnic, Beitbridge Road, Masvingo
  18. Mutoko Branch - Shop 1, BJ Mall, Stand 46/47, Oliver Newton Road, Mutoko
  19. Murewa Branch - 564 Murewa, Murewa
  20. Mutare Branch - Shop 1 Zimre Centre, Chitepo Street and 5th Street, Mutare

References

Metbank Wikipedia