Regulatory Alerts2006-01-01
Bank of Zambia Core Liquid Assets Ratio (CB Circular 04/2006)
The Bank of Zambia mandates a reduction in the core liquid assets ratio for all commercial banks from 35% to 9% of total public liabilities, effective July 1, 2006. The circular also excludes government securities with original maturities exceeding 182 days from eligible assets. This regulatory adjustment aims to provide commercial banks with greater balance sheet flexibility while lowering the cost of funds for the private sector to stimulate economic growth.
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