Zambia National Commercial Bank

Zambia National Commercial Bank
Company typePublic
LUSE:ZANACO
Industry
FoundedJanuary 1, 1969 (1969-01-01)
HeadquartersLusaka, Zambia
Key people
Patrick Wanjelani
Chairman
Mukwandi Chibesakunda
Chief Executive Officer
ProductsCorporate and Investment Banking, Business Banking, Retail Banking, Digital Banking, Private Banking
ZMW3.902 billion (US$213.60 million) (2022)
ZMW:1.204 billion (US$65.907 million) (2022)
Total assets ZMW:35.97 billion (US$1.97 billion) (2022)
Total equity ZMW2.980 billion (US$163.12 million) (2022)
Number of employees
1,216 (2022)
WebsiteHomepage

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. In 2021, Zanaco became the first bank in Zambia to register ZMW1bn in profit after tax.