ZANACO reports higher dividend, growth as 2025 results unveiled

ZANACO Plc has reported financial performance for 2025, announcing a higher dividend and growth across key metrics despite what it termed challenging economic conditions.

The bank’s 56th Annual General Meeting (AGM) revealed that ZANACO increased its dividend from K0.438 per share in 2024 to K0.488 per share in 2025, representing an 11 percent increase.

It said the total dividends paid to shareholders rose from K632 million to K704 million.

Revenue grew 10 percent year-on-year to K6.15 billion, while net profit after tax increased 11 percent to K2 billion.

Customer deposits expanded by 25 percent, signaling continued confidence from depositors.

“This performance is a testament to the dedication of our teams and the loyalty of our customers. It also reflects the strength of our balance sheet and our sustained commitment to operational excellence,” said Mukwandi Chibesakunda, Chief Executive Officer.

The bank’s board, chaired by Prof. Oliver Saasa, emphasized governance and strategic oversight as key pillars supporting the results.

“As a Board, we remain firmly committed to maintaining the highest standards of governance, risk management and strategic discipline,” Saasa said.

ZANACO has also unveiled a new five-year strategy targeting growth in sectors such as agriculture and small- and medium-sized enterprises (SMEs), digital transformation, and regional expansion.

“This strategy is bold and future-focused. It emphasises deepening customer relationships, strengthening leadership in key economic sectors, accelerating digital transformation, and expanding growth opportunities beyond our current markets,” Chibesakunda said.

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