Bank of Zambia Circular 02/2014: Calendar for Prudential Returns, Quarterly Statements and Bank Charges

BANK O/ZAMBIA
OFFICE OF THE DEPUTY GOVERNOR - ADMINISTRATION January 20, 2014 CB Circular No. 02/2014 To All Commercial Banks CALENDAR FOR SUBMISSION OF PRUDENTIAL RETURNS, QUARTERLY FINANCIAL STATEMENTS AND BANK CHARGES FOR PERSONAL, CURRENT ACCOUNTS AND OTHER GENERAL SERVICES Further to circular No 1 of 1998 and 4 of 2000, you are hereby informed that the due dates for submission of Prudential Returns, Quarterly Financial Statements and the Quarterly Bank Charges for Personal, Current Accounts and Other General Services Return for 2014 are as follows:- PRUDENTIAL RETURNS Month Due Date January February March April May June July August September October November December 12 February 2014 13 March 2014 10 April 2014 13 May 2014 11 June 2014 14 July 2014 13 August 2014 10 September 2014 10 October 2014 12 November 2014 10 December 2014 13 January 2015 ... 2/- Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia. Tel: +260-211-229930 Fax: +260-211-222808 E-mail: tkmabula@boz.zm. Web: http://www.boz.zm

CB Circular No: 02/2014 -2- January 20,2014 QUARTERLY FINANCIAL STATEMENTS AND BANK CHARGES 1 stQuarter 2 nd Quarter 3 rd Quarter 4thQuarter 10 April 2014 14 July 2014 10 October 2014 13 January 2015 The Monthly Prudential Returns, Foreign Exchange Exposure and Placements Returns should be submitted through the Bank Supervision Application System via https://mail.boz.zm/bsav30 while a soft copy of the Bank Charges return should be submitted to banksupervision@boz.zm. A penalty ofK500.00 per return per day will be charged for any delayed submissions or incorrect Prudential and Bank charges Returns. In the case of the Quarterly Financial Statements, a penalty of Kl ,500.00 per return per day shall be incurred in any of the following circumstances;

• Failure to submit the quarterly financial statements;
  Failure to obtain Bank of Zambia approval prior to publication; Publication of financial statements using incorrect formats; and Publication of incorrect information • •
• ~
  Tukiya Kankasa-Mabula (Dr)
  DEPUTY GOVERNOR - ADMINISTRATION
  Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia. Tel: +260-211-229930 Fax: +260-211-222808 E-mail: tkmabula@boz.zm. Web: http://www.boz.zm