Monday, 9 November 2026Lusaka, Zambia
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Money & Credit

Bank Loans to Energy

Commercial banks’ kwacha loans to electricity, gas, water and energy, kwacha billions.

K13.7bnAug 2026+9.9%on the month+40.5%on the year
12-month average11.0
Record high13.7Aug 2026
Record low0.1Apr 2011
Observations224since Jan 2008

Bank Loans to Energy, Jan 2008 to Aug 2026

051015200820112014201720202023202613.7

Show the numbers
MonthBank Loans to Energy (ZMW bn)
Aug 202613.7
Jul 202612.4
Jun 202612.0
May 202611.0
Apr 202610.5
Mar 202610.2
Feb 202610.6
Jan 202610.0
Dec 202510.3
Nov 202510.3
Oct 202510.2
Sep 202510.4
Aug 20259.7
Jul 20259.4
Jun 20259.6
May 20259.6
Apr 20258.0
Mar 20257.9
Feb 20258.3
Jan 20258.3
Dec 20248.3
Nov 20248.3
Oct 20247.2
Sep 20247.7
Aug 20247.0
Jul 20247.4
Jun 20247.2
May 20247.0
Apr 20246.8
Mar 20247.0
Feb 20246.3
Jan 20246.4
Dec 20236.6
Nov 20236.1
Oct 20236.0
Sep 20235.3
Aug 20235.3
Jul 20234.4
Jun 20234.2
May 20232.5
Apr 20232.4
Mar 20232.6
Feb 20232.3
Jan 20232.0
Dec 20221.9
Nov 20222.0
Oct 20221.8
Sep 20221.3
Aug 20221.6
Jul 20221.5
Jun 20221.6
May 20221.8
Apr 20221.8
Mar 20222.0
Feb 20221.9
Jan 20221.9
Dec 20211.9
Nov 20212.0
Oct 20212.2
Sep 20212.2
Aug 20212.1
Jul 20212.2
Jun 20212.3
May 20212.4
Apr 20212.0
Mar 20212.0
Feb 20212.0
Jan 20212.1
Dec 20202.0
Nov 20201.8
Oct 20201.7
Sep 20201.4
Aug 20201.4
Jul 20201.5
Jun 20201.5
May 20201.6
Apr 20201.6
Mar 20201.5
Feb 20201.5
Jan 20201.5
Dec 20191.5
Nov 20191.5
Oct 20191.7
Sep 20191.5
Aug 20191.5
Jul 20191.4
Jun 20191.4
May 20191.4
Apr 20191.3
Mar 20191.3
Feb 20191.1
Jan 20191.0
Dec 20180.9
Nov 20181.0
Oct 20181.1
Sep 20180.8
Aug 20180.7
Jul 20180.6
Jun 20180.7
May 20180.7
Apr 20180.6
Mar 20180.6
Feb 20180.7
Jan 20180.7
Dec 20170.7
Nov 20170.7
Oct 20170.6
Sep 20170.6
Aug 20170.6
Jul 20170.6
Jun 20170.5
May 20170.5
Apr 20170.5
Mar 20170.5
Feb 20170.4
Jan 20170.5
Dec 20160.5
Nov 20160.4
Oct 20160.5
Sep 20160.5
Aug 20160.4
Jul 20160.4
Jun 20160.4
May 20160.4
Apr 20160.4
Mar 20160.4
Feb 20160.5
Jan 20160.5
Dec 20150.4
Nov 20150.4
Oct 20150.5
Sep 20150.5
Aug 20150.4
Jul 20150.4
Jun 20150.4
May 20150.5
Apr 20150.5
Mar 20150.5
Feb 20150.4
Jan 20150.4
Dec 20140.5
Nov 20140.4
Oct 20140.4
Sep 20140.4
Aug 20140.5
Jul 20140.4
Jun 20140.4
May 20140.4
Apr 20140.3
Mar 20140.3
Feb 20140.3
Jan 20140.4
Dec 20130.3
Nov 20130.3
Oct 20130.3
Sep 20130.3
Aug 20130.3
Jul 20130.3
Jun 20130.3
May 20130.3
Apr 20130.3
Mar 20130.4
Feb 20130.3
Jan 20130.3
Dec 20120.3
Nov 20120.3
Oct 20120.3
Sep 20120.3
Aug 20120.3
Jul 20120.3
Jun 20120.3
May 20120.3
Apr 20120.2
Mar 20120.2
Feb 20120.2
Jan 20120.2
Dec 20110.2
Nov 20110.1
Oct 20110.1
Sep 20110.2
Aug 20110.2
Jul 20110.2
Jun 20110.2
May 20110.2
Apr 20110.1
Mar 20110.1
Feb 20110.1
Jan 20110.2
Dec 20100.2
Nov 20100.1
Oct 20100.1
Sep 20100.2
Aug 20100.1
Jul 20100.1
Jun 20100.1
May 20100.1
Apr 20100.1
Mar 20100.1
Feb 20100.2
Jan 20100.1
Dec 20090.1
Nov 20090.1
Oct 20090.1
Sep 20090.1
Aug 20090.2
Jul 20090.2
Jun 20090.2
May 20090.2
Apr 20090.2
Mar 20090.2
Feb 20090.2
Jan 20090.2
Dec 20080.2
Nov 20080.2
Oct 20080.2
Sep 20080.2
Aug 20080.2
Jul 20080.2
Jun 20080.2
May 20080.2
Apr 20080.2
Mar 20080.2
Feb 20080.2
Jan 20080.2

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.

-1000100200300400200920112013201520172019202120232025

IncreaseDecrease

Related analysis

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

More in Money & Credit

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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 (Dollar)$2,401.3m+4.7%m/m+45.9%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 TradeK8.2bn−3.9%m/m−18.5%y/yAug 2026

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