Zambia National Commercial Bank Plc Reports Earnings Results for the First Quarter Ended March 31, 2023

Zambia National Commercial Bank Plc is a banking group based around 3 activities: - capital markets banking (52.7% of the Net Banking Income); - retail banking (38.5%): sale of conventional and specialized banking products and services; - merchant banking (8.8%). At the end of 2018, the group managed ZMW 8,899 million of outstanding deposits and ZMW 4,207 million of outstanding loans. The products and services marketing is ensured through a network of 69 branches established in Zambia.