2025-01-01
The Bank of Zambia has issued standardized application forms and a customer pipeline template to enable Financial Service Providers to access its newly launched Stability and Resilience Facility. Eligible institutions must submit duly completed forms, either physically or via the Bank Supervision Application system, along with lists of eligible clients and supporting documentation that specify loan purposes, tenor, repayment schedules, and collateral. The templates facilitate the compilation of a structured customer pipeline, detailing green and non-green loan allocations, interest rates, moratorium periods, and settlement account information to streamline fund disbursement.
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Bank of Zambia
OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS
BOZ/EXEC/DG/prs/bp
January 6, 2025
CB Circular No. : 01/2025
To : All Heads of Financial Service Providers
BANK OF ZAMBIA STABILITY AND RESILIENCE FACILITY: APPLICATION FORM AND TEMPLATE FOR COMPILATION OF CUSTOMER PIPELINE
Further to CB Circular No. 21/2024 issued on December 27, 2024, wherein the Bank of Zambia announced the launch of the Stability and Resilience Facility (SRF), please find attached herewith the templates of the application form as well as those that shall be used to compile the customer pipeline.
Applications for funds from the SRF shall be on duly completed application forms supported with a list of eligible clients and other relevant documentation as stipulated in the terms and conditions document. The application form can either be submitted physically at the Bank of Zambia or through the Bank Supervision Application system.
For further information relating to this matter, please contact the Bank of Zambia through the office of Director – Prudential Supervision Department on lmambo@boz.zm or Director – Financial Conduct Supervision Department on ftamba@boz.zm, as appropriate.
Kindly be advised accordingly.
[Signature]
Francis Chipimo (PhD) DEPUTY GOVERNOR
cc Governor Director – Prudential Supervision Director – Financial Conduct Supervision
Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm
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STABILITY AND RESILIENCE FACILITY APPLICATION FORM
(Please Refer to The Terms and Conditions for Application Procedure, Eligibility Criteria, Non-Qualifying Purposes etc and Attach all Supporting Documentation)
Part I. Financial Service Provider (FSP) and Facility Details
| Name of Financial Service Provider (FSP): | |
|---|---|
| Amount Applied for (Figure): | K |
| Amount Applied for (In Words): | |
| Date of Application: | |
| Purpose of Advance*: <br> a) Green Loan** [ ] <br> Or <br> b) Non-Green Loan [ ] | |
| Weighted Average Cost of Funds Before Accessing Facility (Percent): | Weighted Average Cost of Funds After Accessing Facility (Percent): |
*Attach Pipeline Template and include detail of the purpose in the template. **Note: Refer to Schedule 1 & 2 of Green Loans Guidelines of 2023 (Fill in separate form for each category. Refer to 6.1(f) and (g) of the Terms and Conditions)
Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm
Part II. Tenor and Repayment
| Tenor of Advance (Up to 7 years inclusive of 2-year moratorium on both Principal and Interest*) | |
|---|---|
| Frequency of Repayment (Principal)* | |
| Frequency of Repayment (Interest)** | Semi-annually |
*Terms and conditions provide for bullet repayments on the principal or amortised according to FSP’s preference. **Terms and conditions provide for semi-annual repayment of interest.
Part III. Type of Collateral
| Collateral Offered (Please tick and attach full details) | ||
|---|---|---|
| Treasury bills [ ] | Government bonds [ ] | Other types of Collateral [ ] |
| Amount (K) | Amount (K) | Specify: <br><br> Amount (K) |
| Total Value of Collateral (Figures): K |
|---|
| Total Value of Collateral (in Words): |
If successful, kindly credit our current account (or our authorised Bank indicated below) held at Bank of Zambia:
| Settlement Account Name (at Bank of Zambia): | __________________________________________________ |
|---|---|
| Settlement Account Number (at Bank of Zambia): | __________________________________________________ |
Or
| Authorised Bank: | __________________________________________________ |
|---|---|
| Settlement Account Number with Authorised Bank: | __________________________________________________ |
| Branch Name | __________________________________________________ |
Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm
Part IV. Authorised Signatories
| Name: | Designation: |
|---|---|
| __________________________________________________ | __________________________________________________ |
| Signature: | Date: |
| __________________________________________________ | __________________________________________________ |
| Name: | Designation: |
|---|---|
| __________________________________________________ | __________________________________________________ |
| Signature: | Date: |
| __________________________________________________ | __________________________________________________ |
| Name: | Designation: |
|---|---|
| __________________________________________________ | __________________________________________________ |
| Signature: | Date: |
| __________________________________________________ | __________________________________________________ |
Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm
| Name: | Designation: |
|---|---|
| __________________________________________________ | __________________________________________________ |
| Signature: | Date: |
| __________________________________________________ | __________________________________________________ |
Part V. Official Stamp
Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm
BANK OF ZAMBIA STABILITY AND RESILIENCE FACILITY – Pipeline Schedule (to be submitted with Application Form)
| Name of FSP | |
|---|---|
| Amount Applied For (ZMW) | |
| Date | |
| Pipeline Amount (ZMW) | |
| Pipeline Type |
| Customer Name | Economic Sector | Economic Sub Sector | Amount Applied For (ZMW) | Provide Detail of Purpose | Eligibility Criteria for Green Loans | Interest Rate offered to Customer (%) | Tenor (months) | Moratorium Given |
|---|---|---|---|---|---|---|---|---|