Investor Relations

Performance Highlights

HY – 2023

The Group delivered an exceptional financial performance recording a growth in profit after tax of 109% (K378 million). Profit after tax increased from K345 million to K723 million.

ZANACO, HY2023 Total Operating Income up 40%
ZANACO, HY2023 net profit up 109%
ZANACO, HY2023 customer deposits up 30%

The Group is committed to operate in a manner that protects and contributes positively to the environment it operates in while ensuring that it remains customer-centric. The Group adopted integrated reporting and continues to align its strategy to be innovative and future-fit.

Mukwandi Chibesakunda, Chief Executive Officer

Simbisa Brands


  • Pride
  • Integrity
  • Teamwork
  • Respect
  • Excellence

Zambia National Commercial Bank Plc

Zambia National Commercial Bank, commonly known as Zanaco, listed on the Lusaka Securities Exchange, serves retail customers, large corporations, agri-business and public sector clients. 

The bank has evolved into a leading financial institution in Zambia. With the aid of Arise B.V., a leading African Investment Company, Zanaco benefits from technical assistance, international networks and best practices in various areas of banking.


To be Zambia’s leading, admired, preferred and innovative universal top transactional financial institution that provides the best in value solutions to clients while supporting financial inclusion.


To be top universal, top transactional financial institution for all segments, while delivering excellent financial services efficiently, using the right client service model, and supported by an empowered and motivated staff.

Company Information

Registered Name Zambia National Commercial Bank Plc (
ISIN ZM0000000250
Ticker Code
Sector Banking
Stock Exchange Lusaka Securities Exchange
Interim Chairperson Regina Mulenga
Chief Executive Officer Mukwandi Chibesakunda
Company Secretary Kaluba Gloria Kaulung’ombe Inampasa
Transfer Secretary Corpserve Transfer Agents Limited (zm)
Year End December
Year Founded 1969
Year Listed 2008

3 Reasons to Consider Investing in Zambia National Commercial Bank Plc


With one of the widest branch and ATM networks, Zanaco (The ‘People’s Bank’) is a leading retail banking group in Zambia


Through innovation and sustainability, we do things better and smarter; making efficient use of our resources and empowering the customer

Exceeding Expections

Strategic focus centred around improved service delivery; determined and committed to ensuring that we exceed our over 1 million customers’ expectations

Our Share Price in Action