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Madison Financial Services Plc (Zambia)

Main Activities: Securities and Commodity Contracts Intermediation and Brokerage | Insurance Carriers | Other Nondepository Credit Intermediation
Full name: Madison Financial Services Plc Profile Updated: February 06, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Madison Financial Services PLC is a subsidiary of the LSA Group and is the holding company of the financial services Group of Companies in Zambia and groups together Madison General Insurance, Mgen Tanzania Insurance Company based in Tanzania, Madison Life Insurance, Madison Finance Company and Madison Asset Management Company. Madison Financial Services was established in 2007 to facilitate the entry of the IFC through equity and debt and IFC’s investment horizon was five years which lapsed in December 2012 hence one of the reasons for the IPO which was an agreed exit mechanism for the IFC.

Legal Address
Lsa House, Plot No.316,Independece Avenue, Woodlands,P.O Box 37013
Lusaka; Lusaka;

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Ratings:
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Incorporation Date:
2007
Key Executives
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Chairman
Ownership Details
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35%
Subsidiaries
Company Performance
Financial values in the chart are available after Madison Financial Services Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZMW. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-13.53%
Net Profit (Loss) for the Period
N/A
Total assets
-18.9%
Total equity
-76.12%
Net Profit Trend
N/A
Return on Equity (ROE)
N/A

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