[7] Discussions held with the Bank of Zambia to find an acceptable manner to recapitalize Cavmont Bank through a rights issue by CCHZ were concluded successfully, with CIH underwriting the rights issue.
Consequently, CCHZ raised additional share capital of more than K15.4 billion in 2007 and the re-positioning of Cavmont Bank commenced.
CIH owns controlling interests in Bank Gaborone in Botswana and Bank Windhoek in Namibia, in addition to its minority shareholding in Cavmont Capital Holdings Zambia Plc.
The shareholding in CCHZ and therefore in CBL is depicted in the table below:[10] As of May 2018, Cavmont Bank maintained a network of branches at the locations:[11]
[12] The Group has investment interests in southern Africa, as outlined in the graphic below: There are six members on the Board of Directors of Cavmont Bank:[1]