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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 Banks initial public offering in 2008. The Bank remains majority-owned by Zambians and it thus considered citizen owned. The relationship Rabobank enables Zanaco to...
Zambia national commercial bank (zanaco) plc operates in the Banking industry.
Zambia national commercial bank (zanaco) plc's revenue is 101m - 500m
Zambia national commercial bank (zanaco) plc has 1001 - 5000 employees.
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