Monday, 9 November 2026Lusaka, Zambia
Zambia's Independent Voice on Technology, Economics & Markets
Money & Credit

Bank Loans to Agriculture

Commercial banks’ kwacha loans to agriculture, forestry, fishing and hunting, kwacha billions.

K13.5bnAug 2026+29.1%on the month+35.9%on the year
12-month average10.2
Record high13.5Aug 2026
Record low1.0Jun 2008
Observations224since Jan 2008

Bank Loans to Agriculture, Jan 2008 to Aug 2026

051015200820112014201720202023202613.5

Show the numbers
MonthBank Loans to Agriculture (ZMW bn)
Aug 202613.5
Jul 202610.4
Jun 20269.9
May 20269.9
Apr 20269.6
Mar 20269.5
Feb 20269.4
Jan 20269.6
Dec 20259.8
Nov 202510.2
Oct 202510.1
Sep 202510.7
Aug 20259.9
Jul 20259.6
Jun 20259.6
May 20259.2
Apr 20258.7
Mar 20258.5
Feb 20258.4
Jan 20258.2
Dec 20248.1
Nov 20247.9
Oct 20248.3
Sep 20248.6
Aug 20248.6
Jul 20248.8
Jun 20247.9
May 20247.7
Apr 20247.8
Mar 20246.8
Feb 20246.8
Jan 20246.9
Dec 20236.8
Nov 20236.6
Oct 20236.5
Sep 20236.4
Aug 20236.3
Jul 20235.7
Jun 20235.0
May 20235.0
Apr 20234.9
Mar 20235.2
Feb 20235.3
Jan 20235.5
Dec 20225.0
Nov 20224.5
Oct 20224.6
Sep 20224.3
Aug 20224.5
Jul 20224.7
Jun 20225.0
May 20224.9
Apr 20225.3
Mar 20225.3
Feb 20225.3
Jan 20225.5
Dec 20215.2
Nov 20215.7
Oct 20216.0
Sep 20216.2
Aug 20217.4
Jul 20217.9
Jun 20217.8
May 20217.9
Apr 20217.1
Mar 20216.3
Feb 20216.3
Jan 20216.4
Dec 20207.1
Nov 20207.8
Oct 20207.7
Sep 20207.4
Aug 20207.6
Jul 20206.3
Jun 20206.2
May 20206.3
Apr 20206.3
Mar 20206.0
Feb 20206.1
Jan 20205.9
Dec 20195.9
Nov 20195.9
Oct 20195.6
Sep 20195.5
Aug 20195.6
Jul 20195.6
Jun 20195.7
May 20195.9
Apr 20195.6
Mar 20195.4
Feb 20195.3
Jan 20195.3
Dec 20184.9
Nov 20185.0
Oct 20184.8
Sep 20185.1
Aug 20184.1
Jul 20184.4
Jun 20184.7
May 20184.7
Apr 20184.6
Mar 20184.7
Feb 20184.6
Jan 20184.8
Dec 20175.0
Nov 20175.0
Oct 20175.0
Sep 20174.6
Aug 20174.8
Jul 20174.6
Jun 20174.5
May 20174.3
Apr 20174.2
Mar 20174.2
Feb 20174.0
Jan 20174.1
Dec 20164.0
Nov 20164.2
Oct 20164.2
Sep 20164.3
Aug 20164.3
Jul 20164.4
Jun 20164.4
May 20164.7
Apr 20164.3
Mar 20164.6
Feb 20164.6
Jan 20164.7
Dec 20154.5
Nov 20154.5
Oct 20155.0
Sep 20154.8
Aug 20154.1
Jul 20153.9
Jun 20153.8
May 20153.9
Apr 20153.9
Mar 20153.9
Feb 20153.6
Jan 20153.3
Dec 20143.6
Nov 20143.9
Oct 20143.7
Sep 20143.7
Aug 20143.6
Jul 20143.5
Jun 20143.8
May 20144.1
Apr 20143.8
Mar 20143.5
Feb 20143.4
Jan 20143.6
Dec 20133.8
Nov 20133.7
Oct 20133.7
Sep 20133.8
Aug 20133.9
Jul 20133.8
Jun 20133.7
May 20133.7
Apr 20133.8
Mar 20133.4
Feb 20133.6
Jan 20133.7
Dec 20123.8
Nov 20123.6
Oct 20123.2
Sep 20122.2
Aug 20122.0
Jul 20121.9
Jun 20122.1
May 20122.1
Apr 20121.9
Mar 20122.1
Feb 20122.1
Jan 20122.1
Dec 20112.1
Nov 20112.3
Oct 20112.1
Sep 20112.2
Aug 20112.0
Jul 20112.3
Jun 20112.1
May 20111.7
Apr 20111.7
Mar 20111.6
Feb 20111.8
Jan 20111.8
Dec 20101.6
Nov 20101.6
Oct 20101.6
Sep 20101.5
Aug 20101.4
Jul 20101.4
Jun 20101.6
May 20101.7
Apr 20101.6
Mar 20101.6
Feb 20101.6
Jan 20101.6
Dec 20091.6
Nov 20091.6
Oct 20091.5
Sep 20091.4
Aug 20091.4
Jul 20091.6
Jun 20091.6
May 20091.4
Apr 20091.5
Mar 20091.5
Feb 20091.4
Jan 20091.4
Dec 20081.3
Nov 20081.2
Oct 20081.2
Sep 20081.1
Aug 20081.1
Jul 20081.0
Jun 20081.0
May 20081.0
Apr 20081.1
Mar 20081.1
Feb 20081.1
Jan 20081.2

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.

-50050100150200920112013201520172019202120232025

IncreaseDecrease

Related analysis

View all

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

More in Money & Credit

View all
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 (Dollar)$2,401.3m+4.7%m/m+45.9%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

Get the KSJ Brief

The stories that matter in Zambian business, technology and policy, in your inbox.

Free, no spam. Unsubscribe any time. See our privacy policy.