Regulatory Alerts2015-01-01
Bank of Zambia Circular 17/2015 on the ZAMCRA Stakeholders Workshop
The Bank of Zambia issued Circular 17/2015 to encourage commercial bank chief executives to send representatives to the Zambia Credit Reporting Association workshop on 15 October 2015. The directive notes that ZAMCRA, established in 2013 to promote credit data sharing and risk management, has experienced limited operational activity due to insufficient stakeholder support. Attending the half-day event at Taj Pamodzi Hotel will enable financial institutions to align with proposed initiatives and strengthen the national credit information sharing framework.
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