Monday, 9 November 2026Lusaka, Zambia
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Money & Credit

Bank Loans (Dollar)

Commercial banks’ foreign-currency loans and advances, all sectors, US dollar millions.

$2,401.3mAug 2026+4.7%on the month+45.9%on the year
12-month average2,099.2
Record high2,401.3Aug 2026
Record low572.2Nov 2009
Observations224since Jan 2008

Bank Loans (Dollar), Jan 2008 to Aug 2026

05001,0001,5002,0002,5003,00020082011201420172020202320262,401.3

Show the numbers
MonthBank Loans (Dollar) (USD m)
Aug 20262,401.3
Jul 20262,294.3
Jun 20262,270.1
May 20262,063.1
Apr 20262,088.5
Mar 20262,062.6
Feb 20262,045.0
Jan 20262,092.6
Dec 20252,017.3
Nov 20251,976.0
Oct 20251,936.4
Sep 20251,942.8
Aug 20251,646.0
Jul 20251,430.9
Jun 20251,392.0
May 20251,376.3
Apr 20251,293.8
Mar 20251,341.6
Feb 20251,312.9
Jan 20251,246.3
Dec 20241,268.2
Nov 20241,207.2
Oct 20241,185.1
Sep 20241,212.7
Aug 20241,201.4
Jul 20241,152.8
Jun 20241,099.4
May 20241,127.6
Apr 20241,105.3
Mar 20241,132.8
Feb 20241,136.4
Jan 20241,145.4
Dec 20231,171.3
Nov 20231,179.3
Oct 20231,171.7
Sep 20231,166.5
Aug 20231,168.4
Jul 20231,130.0
Jun 20231,121.9
May 20231,082.0
Apr 20231,119.7
Mar 20231,080.9
Feb 20231,171.8
Jan 20231,202.1
Dec 20221,171.7
Nov 20221,101.0
Oct 20221,065.7
Sep 20221,043.8
Aug 2022994.6
Jul 2022988.7
Jun 2022906.6
May 2022879.4
Apr 2022854.3
Mar 2022863.5
Feb 2022819.9
Jan 2022815.2
Dec 2021857.5
Nov 2021867.1
Oct 2021885.9
Sep 2021895.2
Aug 2021954.5
Jul 2021978.4
Jun 2021965.5
May 2021953.5
Apr 2021890.0
Mar 2021861.0
Feb 2021836.2
Jan 2021862.3
Dec 2020944.1
Nov 20201,031.0
Oct 20201,046.7
Sep 20201,049.0
Aug 20201,105.6
Jul 20201,073.0
Jun 20201,080.9
May 20201,108.7
Apr 20201,099.9
Mar 20201,074.5
Feb 20201,174.5
Jan 20201,210.5
Dec 20191,265.8
Nov 20191,279.5
Oct 20191,250.2
Sep 20191,193.0
Aug 20191,195.1
Jul 20191,188.0
Jun 20191,172.5
May 20191,223.7
Apr 20191,230.1
Mar 20191,200.7
Feb 20191,158.6
Jan 20191,149.4
Dec 20181,082.0
Nov 20181,082.1
Oct 20181,083.9
Sep 20181,108.4
Aug 20181,032.6
Jul 20181,000.6
Jun 20181,006.2
May 20181,008.6
Apr 2018996.9
Mar 20181,007.9
Feb 2018995.5
Jan 2018990.8
Dec 2017999.0
Nov 2017995.0
Oct 2017916.3
Sep 2017903.8
Aug 2017876.1
Jul 2017881.6
Jun 2017882.9
May 2017852.1
Apr 2017864.5
Mar 2017857.0
Feb 2017847.6
Jan 2017833.1
Dec 2016826.1
Nov 2016864.5
Oct 2016857.0
Sep 2016847.6
Aug 2016833.1
Jul 2016826.1
Jun 2016866.3
May 2016864.1
Apr 2016906.0
Mar 2016887.2
Feb 2016910.7
Jan 2016898.5
Dec 2015899.1
Nov 2015899.9
Oct 2015880.8
Sep 2015865.4
Aug 2015886.5
Jul 2015878.0
Jun 2015857.8
May 2015880.3
Apr 2015917.6
Mar 2015987.7
Feb 2015911.5
Jan 2015927.1
Dec 2014946.2
Nov 2014925.7
Oct 2014919.6
Sep 2014939.5
Aug 2014978.9
Jul 2014980.1
Jun 2014952.0
May 2014913.5
Apr 2014943.5
Mar 2014925.4
Feb 2014894.4
Jan 2014867.7
Dec 2013873.0
Nov 2013869.1
Oct 2013891.3
Sep 2013924.4
Aug 20131,002.4
Jul 2013888.4
Jun 2013903.5
May 2013926.0
Apr 2013937.1
Mar 2013932.9
Feb 2013740.1
Jan 2013731.1
Dec 2012695.0
Nov 2012730.8
Oct 2012712.2
Sep 2012790.2
Aug 2012801.2
Jul 2012928.5
Jun 2012994.1
May 20121,018.3
Apr 2012996.4
Mar 2012960.1
Feb 2012956.8
Jan 2012954.1
Dec 2011899.1
Nov 2011845.1
Oct 2011840.8
Sep 2011836.1
Aug 2011864.0
Jul 2011921.2
Jun 2011895.1
May 2011811.7
Apr 2011789.0
Mar 2011778.1
Feb 2011728.2
Jan 2011700.3
Dec 2010705.4
Nov 2010686.9
Oct 2010683.0
Sep 2010626.4
Aug 2010656.9
Jul 2010639.6
Jun 2010671.0
May 2010617.5
Apr 2010618.3
Mar 2010597.3
Feb 2010590.2
Jan 2010597.1
Dec 2009589.2
Nov 2009572.2
Oct 2009582.5
Sep 2009576.0
Aug 2009592.9
Jul 2009629.4
Jun 2009665.5
May 2009661.4
Apr 2009611.9
Mar 2009638.2
Feb 2009611.6
Jan 2009606.2
Dec 2008664.9
Nov 2008744.2
Oct 2008814.6
Sep 2008776.6
Aug 2008827.1
Jul 2008705.4
Jun 2008747.8
May 2008760.2
Apr 2008746.6
Mar 2008765.2
Feb 2008711.7
Jan 2008695.9

Source: Bank of Zambia. Monthly. Gaps in the line are months with no published figure.

Change on a year earlier

Each bar is this month against the same month twelve months before — the comparison that strips out the seasonal pattern.

-40-20020406080200920112013201520172019202120232025

IncreaseDecrease

Related analysis

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Nothing published on this indicator yet. KSJ analysis appears here as it is written.

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Narrow Money (M1)K96.4bn+5.8%m/m+34.5%y/yAug 2026Broad Money (M2)K208.6bn+1.0%m/m+6.8%y/yAug 2026Broad Money (M3)K225.5bn+1.7%m/m+3.9%y/yAug 2026Broad Money Growth3.9%−3.75 ppm/m−12.02 ppy/yAug 2026Reserve MoneyK82.1bn−8.9%m/m+20.9%y/ySep 2026Currency in CirculationK24.9bn−3.5%m/m+8.8%y/ySep 2026Credit to the Private SectorK106.0bn+2.5%m/m+9.7%y/yAug 2026Bank Loans (Kwacha)K108.6bn+5.2%m/m+17.0%y/yAug 2026Bank Loans to AgricultureK13.5bn+29.1%m/m+35.9%y/yAug 2026Bank Loans to MiningK6.4bn+14.8%m/m+5.8%y/yAug 2026Bank Loans to ManufacturingK23.2bn+1.9%m/m−2.9%y/yAug 2026Bank Loans to EnergyK13.7bn+9.9%m/m+40.5%y/yAug 2026Bank Loans to TradeK8.2bn−3.9%m/m−18.5%y/yAug 2026

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