FNB Zambia and Choppies Partner to Support Local Vendors and SMEs
First National Bank (FNB) Zambia and Choppies – Zambia Supermarkets have formalised a strategic partnership aimed at improving access to finance for local vendors, strengthening supply chain reliability and accelerating the growth of small and medium enterprises (SMEs) in Zambia.
The partnership follows the signing of a Memorandum of Understanding on 16 February 2026, setting out a framework for collaboration that aligns both organisations’ commitment to empowering local businesses and promoting sustainable economic development.
Speaking at the announcement, FNB Zambia Head of Business and Commercial, Kabanda Lilanda, said the partnership is anchored in a shared purpose to unlock opportunities for Zambian enterprises.
“This collaboration is rooted in shared values, shared ambitions and a shared commitment to empowering Zambian businesses. It demonstrates what is possible when two organisations come together with a common purpose,” he said.
Under the arrangement, eligible Choppies vendors will gain access to FNB’s trade finance and lending solutions, enabling them to meet supply obligations more efficiently and competitively. Choppies will support the process by verifying and recommending vendors, while FNB provides structured financial support tailored to their needs.
Mr Lilanda noted that limited access to working capital remains a major constraint for many local suppliers. “Across our economy, small suppliers are the backbone of commerce—innovators, job creators and silent drivers of growth. Yet many are held back by limited access to finance. This partnership exists to change that,” he said.
With predictable financing in place, vendors are expected to deliver more consistently, enhancing Choppies’ supply chain resilience and improving customer experience across its stores nationwide. A stronger supplier base is also anticipated to boost operational efficiency and reliability.
The partnership directly supports Zambia’s broader economic goals, including SME development, job creation and financial inclusion. For FNB Zambia, the initiative reinforces its role as a trusted financial partner supporting real business needs, while for Choppies it highlights a commitment to local procurement and sustainable commercial relationships.
FNB Zambia is a wholly owned subsidiary of FirstRand Group and operates under the regulation of the Bank of Zambia. The bank said the collaboration is designed to create long-term value for vendors, businesses and communities, with both partners committing to deepen cooperation in support of Zambia’s entrepreneurial ecosystem.
