We held our 55th Annual General Meeting (AGM) on Thursday, 27th March 2025, where we shared exciting news with our shareholders! We reported a Profit After Tax of nearly K1.8 billion for the year ending December 2024, along with other significant milestones achieved during the year under review.
In addition, we declared a dividend per share of K0.438, reflecting a 2% year-on-year growth.
During the AGM, Zanaco Board Chairman Professor Oliver Saasa stated that despite the year 2024 presenting a mix of challenges, Zanaco remained a trusted partner for customers, communities, and stakeholders.
Zanaco CEO Mukwandi Chibesakunda highlighted that customer deposits grew by six percent to K36.02 billion, while customer loans expanded by 24 percent to K19.98 billion, underscoring the bank’s commitment to financing key economic sectors in Zambia.
We thank our shareholders and customers for their unwavering support, and our staff for their dedication.
