MBCA Bank Limited was established in July 2004 after changing from Zimbabwe oldest merchant bank , Merchant Bank of Central Africa Limited, which was incorporated on 31 July 1956. MBCA Bank Limited is a wholly owned subsidiary of MBCA Holdings Limited whose shareholders (directly or indirectly) include: Nedbank Bank limited (RSA Old Mutual Zimbabwe Limited Mediobanca Banca de Credito Finanziaio (Italy ) MBCA Employee Share Trust