Calendar for Submission of Prudential Returns, Credit Market Monitoring Programme Returns, Quarterly Financial Statements and Bank Charges

BANK of ZAMBIA
OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS

BOZ/EXEC/DGO/bsd/bp
December 24, 2021

CB Circular No. : 20/2021
To : All Heads of Commercial Banks

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

Further to CB Circular No. 01 of 1998 and CB Circular No. 04 of 2000, please be informed that the due dates for the submission of Prudential Returns, Basel II Pillar 1 Capital Adequacy Returns, Internal Capital Adequacy Assessment (ICAAP) Documents, Quarterly Credit Market Monitoring, Quarterly Financial Statements and Bank Charges for Personal, Current Accounts and other General Services Returns for the year 2022 are as follows:

PRUDENTIAL RETURNS

| Month       | Due Date      |
|-------------|---------------|
| January     | February 10, 2022 |
| February    | March 11, 2022   |
| March       | April 12, 2022   |
| April       | May 12, 2022     |
| May         | June 10, 2022    |
| June        | July 14, 2022    |
| July        | August 11, 2022  |
| August      | September 12, 2022 |
| September   | October 12, 2022 |
| October     | November 10, 2022 |
| November    | December 12, 2022 |
| December    | January 12, 2023 |

...2/-

CB Circular No. 20/2021 - 2 - December 24, 2021

BASEL II PILLAR 1 CAPITAL ADEQUACY RETURNS

| Month       | Due Date      |
|-------------|---------------|
| January     | February 17, 2022 |
| February    | March 18, 2022   |
| March       | April 21, 2022   |
| April       | May 19, 2022     |
| May         | June 17, 2022    |
| June        | July 21, 2022    |
| July        | August 18, 2022  |
| August      | September 19, 2022 |
| September   | October 20, 2022 |
| October     | November 17, 2022 |
| November    | December 19, 2022 |
| December    | January 19, 2023 |

INTERNAL CAPITAL ADEQUACY ASSESSMENT (ICAAP) DOCUMENTS FOR YEAR ENDED DECEMBER 31, 2021

| Month       | Due Date      |
|-------------|---------------|
| September   | September 30, 2022 |

CREDIT MARKET MONITORING PROGRAMME (CMMP), QUARTERLY FINANCIAL STATEMENTS AND BANK CHARGES

| Quarter       | Due Date      |
|---------------|---------------|
| 1st Quarter   | April 12, 2022 |
| 2nd Quarter   | July 14, 2022  |
| 3rd Quarter   | October 12, 2022 |
| 4th Quarter   | January 12, 2023 |

The Monthly Prudential Returns and Quarterly Credit Market Monitoring Programme (CMMP) Returns should be submitted through the Bank Supervision Application System via https://bsa.boz.zm/bsa while a soft copies of the Monthly Basel II Pillar I Capital Adequacy Returns, Quarterly Financial Statements and the Quarterly 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.

...3/-

CB Circular No. 20/2021 - 3 - December 24, 2021

In case of Quarterly Financial Statements, a penalty of K1,500.00 per return per day shall be charged 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.

Francis Chipimo (PhD)
DEPUTY GOVERNOR – OPERATIONS

Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm