"Zanaco" redirects here. For the football club, see Zanaco F.C.
Zambia National Commercial Bank
Company type
Public
Traded as
LUSE:ZANACO
Industry
Banking
Financial services
Founded
January 1, 1969; 55 years ago (1969-01-01)
Headquarters
Lusaka, Zambia
Key people
Patrick Wanjelani Chairman[1]
Mukwandi Chibesakunda Chief Executive Officer[2]
Products
Corporate and Investment Banking, Business Banking, Retail Banking, Digital Banking, Private Banking
Operating income
ZMW3.902 billion (US$213.60 million) (2022)[3]
Net income
ZMW:1.204 billion (US$65.907 million) (2022)[3]
Total assets
ZMW:35.97 billion (US$1.97 billion) (2022)[3]
Total equity
ZMW2.980 billion (US$163.12 million) (2022)[3]
Number of employees
1,216 (2022)[3]
Website
Homepage
Zambia National Commercial Bank, commonly referred to by the name "Zanaco", is a commercial bank in Zambia. It is licensed by Bank of Zambia, the central bank and national banking regulator.[4] In 2021, Zanaco became the first bank in Zambia to register ZMW1bn in profit after tax.[3][5]
^"Notice of change in Directorate". Zanaco Investor. Zambia National Commercial Bank Plc. Retrieved 10 July 2022.
^"(SENS Announcement) ZANACO appoints Mukwandi Chibesakunda as CEO". Financial Insight. Financial Insights of Zambia. Retrieved 10 July 2022.
^ abcdef"Zambia National Commercial Bank Plc (Zanaco.zm) 2022 Annual Report". Zanaco. Zambia National Commercial Bank Plc. Retrieved 14 June 2023.
^Bank of Zambia (3 May 2018). "List of Licensed Commercial Banks in Zambia". Lusaka: Bank of Zambia. Retrieved 3 May 2018.
^"FY21, What No Eye Has Seen Nor Ear Heard, Zanaco Plc is Zambia's First K1bn PAT Bank". The Business Telegraph. Retrieved 2 October 2022.
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Global Information
ZMW3.902 billion (US$213.60 million) (2022)[3]