Bank of Zambia Prudential Returns and Financial Statements Submission Calendar 2018

[Logo: Bank of Zambia]

Bank of Zambia
OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS

BOZ/EXEC/DGO/banksup/bp

December 20, 2017

CB Circular No. : 10/2017

To : All Heads of Commercial Banks

CALENDAR FOR SUBMISSION OF PRUDENTIAL RETURNS, CREDIT MARKET MONITORING PROGRAM RETURNS, QUARTERLY FINANCIAL STATEMENTS AND BANK CHARGES FOR PERSONAL, CURRENT ACCOUNTS AND OTHER SERVICES

Further to CB Circular No. 1 of 1998 and CB Circular No. 4 of 2000, please be 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 Returns for 2018 are as follows:

PRUDENTIAL RETURNS

Month	Due Date
January	February 12, 2018
February	March 14, 2018
March	April 12, 2018
April	May 11, 2018
May	June 12, 2018
June	July 13, 2018
July	August 13, 2018
August	September 12, 2018
September	October 10, 2018
October	November 12, 2018
November	December 12, 2018
December	January 11, 2019

.....2/-

CB Circular No. 10/2017 - 2 - December 20, 2017

QUARTERLY FINANCIAL STATEMENTS AND BANK CHARGES

1st Quarter	April 12, 2018
2nd Quarter	July 13, 2018
3rd Quarter	October 10, 2018
4th Quarter	January 11, 2019

The Monthly Prudential Returns, Credit Market Monitoring Program (CMMP), Foreign Exchange Exposure and Placements Returns should be submitted through the Bank Supervision Application System Via https://bsa.boz.zm/BSAV30 while a soft copy of the Bank Charges Returns should be submitted to banksupervision@boz.zm.

A penalty of K500.00 per return per day will be charged for any delayed submissions or incorrect Prudential, CMMP and Bank Charges Returns.

In case of Quarterly Financial Statements, a penalty of K1,500.00 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.

[Signature]

Bwalya K. E. Ng’andu (Dr.)
DEPUTY GOVERNOR – OPERATIONS

Bank Square, Cairo Road P. O. Box 30080, Lusaka, Zambia Tel: +260-211- 226844/228888 Fax: +260-211-237070 Email: dgo@boz.zm. Web: http://www.boz.zm