Economy

ZANACO reports growth in Xpress agency network

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ZANACO reports that it has significantly expanded its Xpress agency banking model, growing its network to 32,000 agents nationwide.

It added that the move is aimed at enhancing financial inclusion and convenience for Zambians.

Commenting on the expansion, ZANACO Chief Digital Banking Officer, Mathews Tembo said, in a statement issued on Saturday that “In-store agents, located in supermarkets like Shoprite and Pick-n-Pay, offer extended banking hours—up to 21:00 daily, including Sundays and public holidays.”

Tembo also highlighted ZANACO’s partnership with Puma Energy Zambia to extend banking services to rural areas, such as Chifunabuli District in Luapula Province.

“ZANACO’s continued focus on innovation and accessibility demonstrates its commitment to setting new standards in the banking industry while fostering financial empowerment,” the statement noted.

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