Financial and Other Statistics 2017

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1 Financial and Other Statistics 2017

2 i Financial and Other Statistics MISSION STATEMENT To achieve and maintain price and financial system stability to foster sustainable economic development

3 Contents Financial and Other Statistics ii Table 1 Selected Macroeconomic Indicators 1 Table 2 Commercial Bank Branches by Province 2 Table 3 Technological Infrastructure 4 Table 4A Annual Employment in Banks by Occupational Category and Sex 5 Table 4B Employment in Banks by Occupational Category and Province 7 Table 5 Annual Employment in Commercial Banks by Province 8 Table 6 Bank Deposits per Capita 8 Table 7 Number of Deposit Accounts 9 Table 8 Banking Lending Per Capita 10 Table 9 Number of Borrowers from Commercial Banks by Province 10 Table 10 Bank Lending by Economic Sector 11 Table 11 Bank Lending by Institutional Sector 11 Table 12 Yield Rates on Treasury Bills 12 Table 13 Yield Rates on Bonds 12 Table 14 Commercial Banks Lending Rates 13 Table 15 Commercial Banks Deposit Rates 13 Table 16 Commercial Banks Exchange Rates 14 Table 17 Bank of Zambia and Bureau De Change Exchange Rates 14 Table 18 Financial Stability Indicators; Commercial Banks 15 Table 19 Payments Systems Transactions 15 Table 20A Number of Non-Bank Financial Institutions Branches by Province 16 Table 20B Number of Non-Bank Financial Institutions 16 Table 21 Financial Soundness Indicators for Leasing and Financial Companies 17 Table 22 Financial Soundness Indicators for Building Societies 19 Table 23 Annual Employment in Non-Bank Financial Corporations by Occupational Category and Sex 21 Table 24 Annual Insurance Companies Employment by Occupational Category and Sex 23 Table 25 Consolidated Annual Financial Sector Employment by Occupational Category and Sex 25 Table 26 National Consumption of Fuels 27 Table 27 Investment Pledges by Sector 29 Table 28 Tourist Entries in Zambia s National Parks by Country 30 Table 29 Area by Province 32 Table 30 Population by Province 33

4 iii Foreword Generally, statistics are important for planning purposes, analysis and to facilitate evidence based policy formulation and decision making. It is for this reason the Bank of Zambia publishes the booklet on financial and other statistics. The booklet provides statistics on various aspects of the Zambian financial system and economy. This can be used by researchers, investors and the general public to gain insights primarily on developments in the financial sector. The booklet supplements other Bank of Zambia publications, such as the Fortnightly Statistics, and annual reports and is also accessible on the Bank of Zambia website Governor Dr Denny Kalyalya

5 Financial and Other Statistics 1 Table 1: Selected Macroeconomic Indicators, * Preliminary figures Source: Bank of Zambia, Central Statistical Office and Ministry of Finance

6 2 Financial and Other Statistics Table 2: Commercial Bank Branches by Province, Note: Bank ABC and Finance Bank merged in 2017 *Intermarket Banking Corp ceased operations on 28 November, 2016 Source: Commercial Banks

7 Financial and Other Statistics 3 Map 1: Bank Branch Distribution by Province as at 31st December 2017 Source: Commercial Banks

8 4 Financial and Other Statistics Table 3: Technological Infrastructure, Note: Reporting of internet and mobile banking facilities enhanced by system improvements in 2016 and 2017 Source: Commercial Banks Map 2: Total Technological Infrastracture 2017

9 Financial and Other Statistics 5 Table 4A: Annual Employment in Banks by Occupational Category and Sex, Z = Zambian NZ = Non Zambian Source: Commercial Banks

10 6 Financial and Other Statistics Table 4A: Annual Employment in Banks by Occupational Category and Sex, (Cont ) Z = Zambian NZ = Non Zambian Source: Commercial Banks

11 Financial and Other Statistics 7 Table 4B: Employment in Banks by Occupational Category and Province, 2017 Source: Commercial Banks

12 8 Financial and Other Statistics Table 5: Annual Employment in Commercial Banks by Province, Note: Data for Acces Bank,African Banking Corporation, Investrust, ZANACO and Finance Bank were not available for *Muchinga Province was created in 2011, hence data available after 2012 Source: Commercial Banks Table 6: Bank Deposits per Capita In Kwacha, Note: Values revised into rebased currency Source: Commercial Banks and Central Statistical Office

13 Financial and Other Statistics 9 Table 7: Number of Deposit Accounts, *Muchinga Province was created in 2011, hence data available after 2012 Source: Commercial Banks Table 7: Number of Deposit Accounts, (Cont ) *Muchinga Province was created in 2011, hence data available after 2012 Source: Commercial Banks

14 10 Financial and Other Statistics Table 8: Bank Lending per Capita in Kwacha, Notes: 1. Values revised into rebased currency 2. Bank Lending includes Government securities Source: Commercial Banks and Central Statistical Office Table 9: Number of Borrowers from Commercial Banks by Province, Note: The data for 2010 do not include First Alliance Bank *Muchinga Province was created in 2011, hence data available starting 2012 Source: Commercial Banks

15 Financial and Other Statistics 11 Table 10: Bank Lending by Economic Sector (K Million), Source: Commercial Banks Table 11: Bank Lending by Institutional Sector (K Million), Source: Bank of Zambia and Commercial Banks

16 12 Financial and Other Statistics Table 12: Yield Rates on Treasury Bills - Annual Average (%), Source: Bank of Zambia Table 13: Yield Rates on Bonds - Annual Average (%), Source: Bank of Zambia

17 Financial and Other Statistics 13 Table 14: Commercial Bank Lending Rates - Annual Average (%), Note: The policy rate was introduced in April 2012 and replaced the Weighted Lending Base rate Source: Bank of Zambia and Commercial Banks Table 15: Commercial Bank Deposit Rates - Annual Average (%), Source: Bank of Zambia and Commercial Banks

18 14 Financial and Other Statistics Table 16: Commercial Bank Exchange Rates (K/Foreign Currency) - End Period, Source: Bank of Zambia and Commercial Banks Table 17: Bank of Zambia and Bureau De Change Exchange Rates (K/US Dollars) - End Period, Source: Bank of Zambia and Bureau De Change

19 Financial and Other Statistics 15 Table 18: Financial Stability Indicators; Commercial Banks (Ratios, Unless Indicated), Source: Bank of Zambia and Commercial Banks Table 19: Payments Systems Transactions, Source: Bank of Zambia

20 16 Financial and Other Statistics Table 20A: Number of Non-Bank Financial Institutions Branches by Province, *Muchinga Province was created in 2011, hence data available starting 2012 Source: Bank of Zambia and Non-Bank Financial Institutions Table 20B: Number of Non-Bank Financial Institutions, Source: Bank of Zambia and Non-Bank Financial Institutions

21 Financial and Other Statistics 17 Table 21: Financial Soundness Indicators for Leasing and Finance Companies, End Period (Ratios, unless otherwise indicated) Source: Bank of Zambia and Non-Bank Financial Institutions

22 18 Financial and Other Statistics Table 21: Financial Soundness Indicators for Leasing and Finance Companies, End Period (Ratios, unless otherwise indicated) Cont *Large Loans: An exposure of a financial institution to any person in an amount equal to, or exceeding, ten per centum of the financial institution s regulatory capital. **Insider Loans: Loans to Officers, Directors or Principal Shareholders Source: Bank of Zambia and Non-Bank Financial Institutions

23 Financial and Other Statistics 19 Table 22: Financial Soundness Indicators for Building Societies - End Period, (Ratios, unless otherwise indicated) Source: Bank of Zambia and Building Societies

24 20 Financial and Other Statistics Table 22: Financial Soundness Indicators for Building Societies - End Period, (Ratios, unless otherwise indicated) Cont *Large Loans: An exposure of a financial institution to any person in an amount equal to, or exceeding, ten per centum of the financial institution s regulatory capital. **Insider Loans: Loans to Officers, Directors or Principal Shareholders Source: Bank of Zambia and Building Societies

25 Financial and Other Statistics 21 Table 23: Annual Employment in Non-Bank Financial Corporations by Occupational Category and Sex, Z = Zambian NZ = Non Zambian Source: Non-Bank Financial Institutions

26 22 Financial and Other Statistics Table 23: Annual Employment in Non-Bank Financial Corporations by Occupational Category and Sex, (cont ) Z = Zambian NZ = Non Zambian Source: Non-Bank Financial Institutions

27 Financial and Other Statistics 23 Table 24: Annual Insurance Companies Employment by Occupational Category and Sex, Z = Zambian NZ = Non Zambian Source: Pensions and Insurance Authority

28 24 Financial and Other Statistics Table 24: Annual Insurance Companies Employment by Occupational Category and Sex, (Cont ) Z = Zambian NZ = Non Zambian Source: Pensions and Insurance Authority

29 Financial and Other Statistics 25 Table 25: Consolidated Annual Financial Sector Employment by Occupational Category and Sex, Z = Zambian NZ = Non Zambian Source: Commercial banks, Non-Bank Financial Institutions and Pensions and Insurance Authority

30 26 Financial and Other Statistics Table 25: Consolidated Annual Financial Sector Employment by Occupational Category and Sex, (Cont ) Z = Zambian NZ = Non Zambian Source: Commercial banks, Non-Bank Financial Institutions and Pensions and Insurance Authority

31 Financial and Other Statistics 27 Table 26 : National Consumption of Fuels, *Other: consist of consumers not classified by the listed sectors, e.g. a security company, financial services etc. Source: Energy Regulation Board

32 28 Financial and Other Statistics Table 26 : National Consumption of Fuels, (Cont ) *Others: consist of consumers not classified by the listed sectors, e.g. a security company, financial services etc. Source: Energy Regulation Board

33 Financial and Other Statistics 29 Table 27: Investment Pledges by Sector (US $ Million), *Preliminary Source: Zambia Development Agency

34 30 Financial and Other Statistics Table 28: Tourist Entries in Zambia s National Parks by Country, N/A N/A N/A N/A N/A Source: Zambia Wildlife Authority

35 Financial and Other Statistics 31 Table 28: Tourist Entries in Zambia s National Parks by Country, (Cont ) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Source: Zambia Wildlife Authority

36 32 Financial and Other Statistics Map 3: Area By Province 2 Provinces Area (km ) Source: Central Statistical Office

37 Financial and Other Statistics 33 Map 4: Population By Province (2017*) *Note: 2017 numbers are projections Source: Central Statistical Office

38 34 Financial and Other Statistics

39 Financial and Other Statistics 35

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