Eswatini Bank
 | |
| Company type | Public |
|---|---|
| Industry | Finance |
| Founded | 1965 (age 58–59) |
| Headquarters | Mbabane, Eswatini |
Key people | Sibongile Mdluli Chairperson Zakhele Lukhele Managing Director |
| Products | Banking |
| Owner | Government of Eswatini |
| Website | Homepage |
Eswatini Bank, also known as Eswatini Development & Savings Bank (EDSP),[1] is a development finance institution, which doubles as a commercial bank in Eswatini. It is licensed and supervised by the Central Bank of Eswatini, the national banking regulator.[2] As of April 2019[update] Eswatini Bank was the only indigenous commercial bank in the country, with the other three having their headquarters in neighboring South Africa.[3]
Location[edit]
The headquarters of Eswatini Bank are located in the Engungwini Building, on Gwamile Street, in Mbabane, the capital and largest city in Eswatini.[4]
History[edit]
The bank was established in 1965 by Sobhuza II, who reigned from 10 December 1899 until 21 August 1982, to finance development projects in the county.[5] In 2014, Eswatini Bank, in collaboration with MasterCard International, began issuing credit and debit card branded with the MasterCard logo.[6]
Ownership[edit]
Eswatini Bank is 100 percent owned by the Government of Eswatini.[5]
Branches[edit]
As of March 2018[update], the bank maintains branches at the following locations:[4]
- Main Branch: Engungwini Building, Gwamile Street, Mbabane
- Mbabane Commercial Branch: Umlunguzi Wendlovu Building, Mbabane
- Manzini Branch: Nkoseluhlaza Street, Manzini
- Matsapha Branch: Matsapha Shopping Complex, Matsapha
- Piggs Peak Branch: Evelyn Baring Avenue, Piggs Peak
- Nhlangano Branch: 5th Street, Nhlangano
- Siteki Branch: Jacaranda Avenue, Siteki
- Matata Branch: Matata Shopping Complex, Matata
- Simunye Branch: Simunye Shopping Complex, Simunye
- Siphofaneni Branch: Nokuphila Shopping Complex, Siphofaneni
- Gables Branch: The Gables Shopping Complex, Ezulwini Valley.
See also[edit]
References[edit]
- ^ Eswatini Bank (2020). "Bank Profile". Mbabane: Eswatini Bank. Retrieved 13 September 2022.
- ^ Central Bank of Eswatini (14 June 2020). "List of Authorized Commercial Banks in Eswatini". Mbabane: Central Bank of Eswatini. Retrieved 14 June 2020.
- ^ Forbes Africa (1 April 2019). "The Kingdom of Eswatini – Africa's Newest Country – Eswatini Bank" (PDF S. 16). Johannesburg: ABN Publishing. Retrieved 14 June 2020.
- ^ a b Eswatini Bank (1 March 2019). "Eswatini Bank: Branch Contact Details". Mbabane: Eswatini Bank. Retrieved 14 June 2020.
- ^ a b Eswatini Bank (1 March 2019). "Eswatini Bank: About Eswatini Bank". Mbabane: Eswatini Bank. Retrieved 14 June 2020.
- ^ Press Release (2014). "SwaziBank to issue MasterCard debit cards and expand MasterCard acceptance network". Mastercard.com. Retrieved 20 March 2018.
External links[edit]
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