Regulatory Alerts2021-01-01
Bank of Zambia Circular No. 17 of 2021 on Government Accounts and Account Balances
The Bank of Zambia mandates all commercial banks to submit government account and balance data by close of business on December 1, 2021. Submissions must detail the number of government accounts across ministries, provinces, and spending agencies with aggregate balances as of November 26, 2021. Furthermore, banks must report monthly average government balances from January 2013 to December 2018 and average end-of-week government deposit balances from January 2014 onward.
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