Regulatory Alerts1998-03-02
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Bank of Zambia Circular 2/1998: Submission of Prudential Returns
The Bank of Zambia mandates all commercial banks and financial institutions to submit the Sectoral Classification of Loans and Advances return monthly instead of biannually. This frequency change applies to Item No. 12 of the prudential return framework, following an amendment to the previously issued January circular. Institutions must submit the January 1998 classification data by Wednesday, 4 March 1998, with subsequent monthly submissions required thereafter.
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