Investor Relations

Performance Highlights

FY – 2023

The Group continued on a strong financial trajectory closing the year at K1.7 billion representing a 49% (K571 million) increase in profits. The growth in profitability was driven by increase in total operating income, astute management of costs and impairments.

ZANACO, FY2023 Total Operating Income up 34%
ZANACO, FY2023 Net Profit up 49%
ZANACO, FY2023 Customer Deposits up 14%

The Group will continue to leverage off automation, market-leading digital platforms to deliver cost-effective and innovative transactional propositions to its customers while ensuring that it operates in a sustainable manner and contribute positively to the communities and societies it operates in.

Kaluba G Kaulung’ombe-Inampasa, Company Secretary

Simbisa Brands

Values

  • 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.

Vision

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.

Mission

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 (ZANACO.zm)
ISIN ZM0000000250
Ticker Code ZANACO.zm
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

Leader

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

Innovation

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

Share Quote

Kwacha6.30
0.04 / 0.64%
 
Year to date  65.79%
52 Week Change  103.23%
 
52 Week Low 52 Week High
3.10 6.30
Company alerts available

Latest Activity

Trade Date March 18, 2024
Bid 6.26
Ask 6.30
Sales Kwacha 6.30
Volume Traded 20,200
Value Traded ZMW 127.3K
Liquidity (12m) ZMW 15.7M

Market Info

Sector Banking
Exchange Lusaka Securities Exchange
ISIN ZM0000000250
Year End December
Founded 1969
Listed 2008
Chief Executive Officer Mukwandi Chibesakunda

Fundamentals

Shares 1,443,750,531
Market Cap ZMW 9.1B
P/E 7.80
Div. Yield 4.63%
EPS Kwacha 0.81
P/B Ratio 3.19
* TTM

Investor News

Documents and Reports

Zanaco invites you to review its latest published financial reports: half year reports, annual reports / reference documents. All the listed documents may also be downloaded for further perusal.

Financial Summary

The facts that affect Zanaco’s underlying value.

 31 Dec 2231 Dec 2131 Dec 2031 Dec 1931 Dec 18
Net Interest Income3,001,549,0002,538,687,0002,372,774,0001,543,089,0001,436,427,000
Attributable PAT1,166,997,000990,283,000206,658,000200,056,000183,733,000
Shareholders Funds2,851,823,0002,053,652,0001,171,798,000926,280,000820,908,000

Corporate Governance

Corporate governance which provides the means to fostering values of fairness, accountability, responsibility and transparency, stands at the core of the Bank’s endeavor to realise its vision and mission. Zanaco has embedded the concept of corporate governance through the development of a clear governance framework which has increased the level of governance in the organisation and has led to increased independent scrutiny in decision-making and the alignment of the organisation to a robust legislative and ethical framework, in order to constantly improve the organization’s corporate governance culture.

The number of corporate failures in a highly competitive operating environment, continues to underscore the necessity for increased focus on corporate governance. The Bank has continued to ensure that appropriate governance frameworks are in place to ensure best practice at all times.

Get investor updates in your inbox

Investor help desk

Follow us on social media

Contact us

Zambia National Commercial Bank Plc (ZANACO.zm)
Address

Plot 2118-2121 Cairo Road
P.O Box 33611, Lusaka, Zambia

Phone
+260 211 221358
Email

Transfer secretary

Corpserve Transfer Agents Limited (zm)
Address

6 Mwaleshi Road
Olympia Park
P O Box 37522
Lusaka 10101
Zambia

Phone
+260 211 256969/70

© Zambia National Commercial Bank Plc | All Rights Reserved | Privacy | Terms & Conditions