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Zambia National Commercial Bank (Zanaco)

Zambia National Commercial Bank (Zanaco) Revenue

BankingFlag of ZMLusaka, Lusaka Province, Zambia2001-5000 Employees

$

Zambia National Commercial Bank (Zanaco) revenue & valuation

Annual revenue$62,500,000
Revenue per employee$30,000
Estimated valuation?$200,000,000
Total funding$30,000,000

Key Contacts at Zambia National Commercial Bank (Zanaco)

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Mukwandi Chibesakunda

Chief Executive Officer

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Mutisunge Zulu

Director | Chief Risk Officer

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Kalengo S. Simukoko

Director | Chief Credit Risk Officer

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Mukwandi Chibesakunda

Chief Executive Officer

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Regina Mulenga

Non Executive Director

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Bruce Dick

Managing Director

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Chibotu Chiyasa

Director Prodcts & Channels

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Angela Lwenje

Director

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Ngenda Nyambe

Treasury Director

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Ignatius Mwanza

Director Corporate Banking

Company overview

HeadquartersHead Office, Cairo Road, P.O Box 33611, Lusaka, Lusaka 10101, ZM
Phone number+260211228979
Website
NAICS521
SIC602
Employees2001-5000
Socials

Zambia National Commercial Bank (Zanaco) Email Formats

Zambia National Commercial Bank (Zanaco) uses 2 email formats. The most common is {first name}.{last name} (e.g., john.doe@zanaco.co.zm), used 64.8% of the time.

FormatExamplePercentage
{first name}.{last name}
john.doe@zanaco.co.zm
64.8%
{first initial}.{last name}
j.doe@zanaco.co.zm
33.7%

About Zambia National Commercial Bank (Zanaco)

Zambia National Commercial Bank Plc (ZANACO) was established in 1969 to serve the financial needs of the Zambian economy and it has since evolved into a leading Bank nationwide. In 2007, GRZ sold a 49% stake in the Bank to Rabo Development B.V a subsidiary of the Cooperative Central Raiffeisen-Boerenleen Bank (Rabobank) of Netherlands. Subsequently, Rabo Development sold a 3.41% stake to Lizara Investments Limited, a nominee of the Zambia National Farmers Union (ZNFU), following the Bank’s initial public offering in 2008. The Bank remains majority-owned by Zambians and it thus considered “citizen owned”. The relationship Rabobank enables Zanaco to benefit from technical assistance and best practices in various areas of banking. In our quest to meet customer expectations Zanaco’s strategic focus has been centered around improved service delivery. Guided by our Vision, Mission and Values, we are determined and committed to ensuring that we not only meet the expectations or our over 978,000 customers who cut across the Personal, Corporate, Government, SME and Agriculture sectors, but exceed them. Innovation and sustainability for us means doing things better and smarter, driven by the needs of our customers; it means making efficient use of our resources and empowering the customer with financial services and products that help them attain their goals and aspirations. OUR PEOPLE Our members of staff are number one resource. We are proud of our 1,361 dedicated, inspired and motivated staff who drive our agenda. Zanaco is the largest employer in the Zambian banking sector. To ensure we maximize output and get the best of our employees, we invest in training and ensure we take good care of their well being.

Employees by Management Level

Total employees: 2001-5000

Seniority

Employees

Entry
Manager
Senior

Employees by Department

Zambia National Commercial Bank (Zanaco) has 866 employees across 17 departments.

Departments

Number of employees

Funding Data

Explore Zambia National Commercial Bank (Zanaco)'s funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2023-01-1512$30,000,000

Funding Insights

$30,000,000

Total funding amount

$30,000,000

Most recent funding amount

1

Number of funding rounds

Zambia National Commercial Bank (Zanaco) Tech Stack

Discover the technologies and tools that power Zambia National Commercial Bank (Zanaco)'s digital infrastructure, from frameworks to analytics platforms.

Cloudflare

Cloudflare

CDN

Modernizr

Modernizr

JavaScript libraries

CodeIgniter

CodeIgniter

Web frameworks

jQuery

jQuery

JavaScript libraries

Google Tag Manager

Google Tag Manager

Tag managers

HTTP/3

HTTP/3

Miscellaneous

PHP

PHP

Programming languages

HSTS

HSTS

Security

Font Awesome

Font Awesome

Font scripts

React

React

JavaScript frameworks

core-js

core-js

JavaScript libraries

Cloudflare Browser Insights

Cloudflare Browser Insights

Analytics

Frequently asked questions

Zambia National Commercial Bank (Zanaco) is located in Lusaka, Lusaka Province, ZM.
You can reach Zambia National Commercial Bank (Zanaco) at +260211228979.
Zambia National Commercial Bank (Zanaco) generates an estimated annual revenue of $62,500,000. This revenue figure reflects the company's market position and business performance in its industry.
Zambia National Commercial Bank (Zanaco) has an estimated valuation of $200,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Zambia National Commercial Bank (Zanaco) has approximately 2001-5000 employees. The company continues to grow its workforce to support its business operations and expansion.
Zambia National Commercial Bank (Zanaco) has raised a total of $30,000,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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