Monday, 9 November 2026Lusaka, Zambia
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Money & Credit

Bank Loans to Mining

Commercial banks’ kwacha loans to mining and quarrying, kwacha billions.

K6.4bnAug 2026+14.8%on the month+5.8%on the year
12-month average6.5
Record high7.6Dec 2025
Record low0.2Feb 2010
Observations224since Jan 2008

Bank Loans to Mining, Jan 2008 to Aug 2026

024681020082011201420172020202320266.4

Show the numbers
MonthBank Loans to Mining (ZMW bn)
Aug 20266.4
Jul 20265.6
Jun 20266.1
May 20266.5
Apr 20266.5
Mar 20266.7
Feb 20266.1
Jan 20266.8
Dec 20257.6
Nov 20256.5
Oct 20255.9
Sep 20256.8
Aug 20256.1
Jul 20255.1
Jun 20254.7
May 20255.3
Apr 20255.3
Mar 20256.0
Feb 20256.0
Jan 20255.4
Dec 20245.3
Nov 20245.2
Oct 20245.4
Sep 20246.0
Aug 20245.8
Jul 20245.8
Jun 20245.4
May 20246.5
Apr 20245.7
Mar 20245.5
Feb 20244.9
Jan 20245.5
Dec 20235.5
Nov 20235.0
Oct 20234.9
Sep 20234.8
Aug 20234.6
Jul 20234.4
Jun 20234.0
May 20234.4
Apr 20234.0
Mar 20234.4
Feb 20234.3
Jan 20234.1
Dec 20223.8
Nov 20223.3
Oct 20223.1
Sep 20222.9
Aug 20222.7
Jul 20222.9
Jun 20222.5
May 20222.4
Apr 20221.8
Mar 20221.8
Feb 20221.9
Jan 20221.9
Dec 20211.7
Nov 20211.8
Oct 20212.0
Sep 20212.0
Aug 20211.9
Jul 20212.3
Jun 20212.4
May 20212.3
Apr 20212.2
Mar 20212.2
Feb 20212.2
Jan 20212.1
Dec 20202.7
Nov 20203.0
Oct 20202.9
Sep 20203.0
Aug 20203.1
Jul 20202.8
Jun 20202.8
May 20202.9
Apr 20203.1
Mar 20203.1
Feb 20202.6
Jan 20202.4
Dec 20192.7
Nov 20192.5
Oct 20192.4
Sep 20192.4
Aug 20192.2
Jul 20192.3
Jun 20192.2
May 20192.7
Apr 20192.7
Mar 20192.5
Feb 20192.2
Jan 20192.2
Dec 20182.0
Nov 20182.0
Oct 20181.9
Sep 20182.3
Aug 20181.4
Jul 20181.5
Jun 20181.7
May 20181.7
Apr 20181.7
Mar 20181.4
Feb 20181.4
Jan 20181.4
Dec 20171.5
Nov 20171.8
Oct 20171.5
Sep 20171.5
Aug 20171.2
Jul 20171.3
Jun 20171.5
May 20171.3
Apr 20171.3
Mar 20171.5
Feb 20171.5
Jan 20171.4
Dec 20161.5
Nov 20161.4
Oct 20161.4
Sep 20161.6
Aug 20161.5
Jul 20161.6
Jun 20161.4
May 20161.7
Apr 20161.5
Mar 20161.7
Feb 20161.8
Jan 20161.9
Dec 20151.7
Nov 20151.4
Oct 20151.6
Sep 20151.6
Aug 20151.3
Jul 20151.2
Jun 20151.2
May 20151.2
Apr 20151.2
Mar 20151.3
Feb 20151.2
Jan 20151.2
Dec 20141.1
Nov 20141.2
Oct 20141.2
Sep 20141.4
Aug 20141.3
Jul 20141.3
Jun 20141.2
May 20141.3
Apr 20141.3
Mar 20141.3
Feb 20141.5
Jan 20141.3
Dec 20131.2
Nov 20131.3
Oct 20131.2
Sep 20131.1
Aug 20131.1
Jul 20131.1
Jun 20131.1
May 20130.9
Apr 20131.0
Mar 20130.8
Feb 20131.0
Jan 20131.0
Dec 20120.9
Nov 20120.9
Oct 20121.0
Sep 20120.8
Aug 20120.8
Jul 20120.8
Jun 20120.7
May 20120.7
Apr 20120.6
Mar 20120.6
Feb 20120.6
Jan 20120.5
Dec 20110.5
Nov 20110.5
Oct 20110.5
Sep 20110.3
Aug 20110.3
Jul 20110.3
Jun 20110.3
May 20110.3
Apr 20110.3
Mar 20110.4
Feb 20110.3
Jan 20110.3
Dec 20100.3
Nov 20100.3
Oct 20100.3
Sep 20100.3
Aug 20100.3
Jul 20100.3
Jun 20100.4
May 20100.3
Apr 20100.3
Mar 20100.3
Feb 20100.2
Jan 20100.3
Dec 20090.3
Nov 20090.4
Oct 20090.4
Sep 20090.4
Aug 20090.4
Jul 20090.4
Jun 20090.4
May 20090.4
Apr 20090.5
Mar 20090.5
Feb 20090.5
Jan 20090.4
Dec 20080.4
Nov 20080.4
Oct 20080.3
Sep 20080.3
Aug 20080.3
Jul 20080.3
Jun 20080.3
May 20080.3
Apr 20080.3
Mar 20080.3
Feb 20080.3
Jan 20080.3

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.

-100-50050100150200920112013201520172019202120232025

IncreaseDecrease

Related analysis

View all

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 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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