Investrust Bank Plc., commonly known as Investrust Bank, was a commercial bank in Zambia, licensed by the Bank of Zambia, the central bank and national banking regulator.[1] In 2024, the bank became insolvent and was possessed by the Bank of Zambia.[2][3]
The head office of the bank was in Ody's Building, along Great East Road, in Lusaka. The main branch of Investrust Bank Zambia Limited was located in Investrust House, at 4527 and 4527 Freedom Way, in the city of Lusaka, Zambia.[4]
, Investrust Bank was a medium-sized financial services provider in Zambia. It had under its control, assets totaling ZMW:1.284 billion (US$129.7 million), with shareholders' equity valued at ZMW:115.32 million (US$11.64 million).[5]
The bank was founded in 1996, registering as a corporate entity, receiving a banking license and commencing banking operations during that year. In the beginning, the institution was privately held and was known as Investrust Merchant Bank Zambia Limited. In 2002, the bank's name was changed to Investrust Bank Limited. During 2004, the bank's stock was provisionally listed on the Lusaka Stock Exchange (LUSE) for the first time. In 2007 the bank's stock became fully listed on the LUSE.[6] In April 2024 the Bank of Zambia formally took possession of the bank due to insolvency.[3] In July 2025 the bank was formerly delisted.[7]
Investrust bank was a public company whose stock was publicly traded on the Lusaka Stock Exchange until July 2025.[7] The detailed shareholding in the bank was as depicted in the table below, as of 31 December 2016.[5]
, the bank previously maintained a network of branches at the following locations:[4]
At the time of its insolvency, Mr. Peter Banda served as non-executive Chairman of the Board of Directors and Mr. Simangolwa Shakalima was the Managing Director and Chief Executive Officer.[5]
