ZANACO ANNOUNCES STRONG FINANCIAL PERFORMANCE AND DIVIDEND INCREASE FOLLOWING SUCCESSFUL AGM
Zanaco Plc has
reaffirmed its resilience and strong financial standing following the conclusion
of its 56th Annual General Meeting (AGM), where the Bank announced
robust performance results and an increased dividend payout to shareholders for
the year ended 31st December,2025.
Zanaco Board
Chairperson Prof. Oliver Saasa reflected on the Bank’s performance in a year
marked by significant economic challenges both globally and locally. He
acknowledged that the banking sector continued to operate under unpredictable
and evolving conditions.
“Despite these
conditions, Zanaco has remained resilient and disciplined in executing its
mandate. Our performance reflects the strength of our franchise, the commitment
of our management and employees, and the confidence our customers and investors
place in us,” Prof Saasa said.
Prof. Saasa emphasized
the Board’s ongoing commitment to strong governance, responsible oversight and
the Bank’s long-term stability.
“As a Board, we remain
firmly committed to maintaining the highest standards of governance, risk
management and strategic discipline. Our responsibility is not only to
safeguard the institution, but to guide it into the future with clarity and
confidence,” he added.
He also announced an
improved dividend to shareholders as the bank continues to ensure shareholder
value.
“I am pleased to inform you that the dividend has increased from K0.438 per
share in 2024 to K0.488 per share in 2025, translating to an 11% increase. This
means the dividend has risen from K632 million to K704 million for the
financial year ended 31st December 2025.”
And Zanaco Chief
Executive Officer Mrs. Mukwandi Chibesakunda presented the Bank’s financial and
operational results, highlighting a year of resilient performance despite
macroeconomic pressures.
“The year under review
was characterized by significant economic and operational challenges. We
operated in a landscape marked by inflationary pressures, foreign exchange
volatility, energy constraints and a tightening macroeconomic environment. Yet
through agility, disciplined management and strategic execution, Zanaco
delivered another year of resilient and impactful performance,” she said.
Mrs. Chibesakunda stated
that Zanaco recorded; a 10% revenue growth to K6.15 billion,11% growth in net
profit after tax to K2 billion, and 25% growth in customer deposits — a clear
reflection of the confidence our customers continue to place in us.
“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,” she said.
She further outlined
the Bank’s future direction anchored on its newly launched five-year strategy.
“This strategy is bold
and future‑focused. It emphasises deepening customer relationships,
strengthening leadership in key economic sectors such as agriculture and SMEs,
accelerating digital transformation and expanding growth opportunities beyond
our current markets,” she said.
This is according to a
statement issued by Zanaco- Head of Corporate Communications Kyembe Kyalusanza.

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