Bank of Zambia Circular 17/2015 on the ZAMCRA Stakeholders Workshop

Bank of Zambia
Office of Senior Director – Supervisory Policy

Direct Line: +260-1-235700
Fax: +260-1-237070

5th October 2015

CB Circular No: 17/2015

To: Chief Executive Officers

Barclays Bank Zambia Plc
Zambia National Commercial Bank Plc
Standard Chartered Bank Zambia Plc
Stanbic Bank Zambia Limited
Investrust Bank Limited
Intermarket Banking Corporation
Indo-Zambia Bank Limited
Finance Bank Zambia Plc
First Alliance Bank Zambia Limited
Cavmont Bank Limited
Citibank Zambia Limited
Bank ABC
Access Bank Zambia Limited
First National Bank Zambia Limited
Eco Bank Zambia Limited
United Bank for Africa Zambia Limited
First Capital Bank Zambia Limited
AB Bank Zambia Limited

ZAMBIA CREDIT REPORTING ASSOCIATION STAKEHOLDERS WORKSHOP

The Zambia Credit Reporting Association (ZAMCRA), an alliance established primarily to promote credit data sharing among credit provides, will be holding a half-day stakeholders’ workshop on 15 October 2015 at Taj Pamodzi Hotel from 09:00 hours to 13:00 hours.

As you may be aware, the BoZ officiated at the launch of ZAMCRA in 2013 noting that it provides a platform for the development of an effective credit information sharing framework through advocacy, developing standards, creating awareness and enhancing risk management for the growth of a quality credit market. However, there has been little activity since the launch which may be partly due to inadequate support from relevant stakeholders.

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Bank Square, Cairo Road, P. O. Box 30080, Lusaka, Zambia Tel: +260-211-228901/5/228888 Fax: +260-211-221746 Email: pr@boz.zm. Web: http://www.boz.zm

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CB Circular No: 17/2005 5th October 2015

In this regard, we would like to encourage you to send representatives to the ZAMCRA workshop in order to keep abreast with the association’s proposed initiatives as well as foster an improvement in ZAMCRA’s efforts to develop an effective credit information sharing framework.

(Signature)

CHISHA MWANAKATWE
SENIOR DIRECTOR – SUPERVISORY POLICY

c.c. Deputy Governor - Operations