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Zambia National Commercial Bank Plc (Zambia)

Main Activities: Commercial Banking
Full name: Zambia National Commercial Bank Plc Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Zanaco is the new name for the Zambia National Commercial Bank Plc. Zanaco was established by the Government of the Republic of Zambia in 1969 to foster national development and has over the years been and continues to be instrumental to the country progress through various achievements. The Company is a financial institution based in Zambia and provides services ranges from investment, credit, international facilities, payment Ebanking and more. The company is a partner with the Rabobank from the Netherlands which brought the knowledge, management support and access to new products and markets through their worldwide network.

Headquarters
Plot 2118-2121, P.O Box 33611, Cairo Road
Lusaka; Lusaka; Postal Code: 33611

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Website: http://zanacoinvestor.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1969
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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45.59%
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25%
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19.41%
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10%
Subsidiaries
Digital Shared Services Limited
100%
Zanaco Sporting Club Limited
100%
Company Performance
Financial values in the chart are available after Zambia National Commercial Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZMW. Absolute financial data is included in the purchased report.
Net interest income
17.67%
Operating profit (EBIT)
56.19%
Net Profit (Loss) for the Period
48.96%
Total assets
24.96%
Total equity
49.54%
Total Assets Trend
-12.38%
Net Interest Income Trend
0.73%
Loans to Deposits Ratio
4.74%
Loans to Asset Ratio
2.5%

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