Allied Bank Zimbabwe Limited

Allied Bank Zimbabwe Limited
Company typePrivate
IndustryFinancial services
Founded2005 (2005)
Defunct8 January 2015 (2015-01-08)
Headquarters,
Key people
Florence Gowora (Chief Executive Officer)
ProductsLoans, Transaction accounts, Savings, Investments, Debit Cards
Total assetsUS$40 million (H1:2012)
Number of employees
304 (2011)
Websitewww.zabg.co.zw

Allied Bank, was a commercial bank in Zimbabwe that closed in 2015. The bank regulator cancelled its license on 8 January 2015 after determining that the bank was "no longer in a safe and sound condition, grossly undercapitalised and facing chronic liquidity challenges"

The bank was a small financial services provider in Zimbabwe, serving large corporations, small-to-medium enterprises (SMEs), as well as individuals. As of June 2012, its total asset valuation was quoted at US$40 million. At that time its shareholder's equity was estimated at US$18 million.