COVID-19 Intervention Measures
Policy responses and support measures implemented by the Bank of Zambia during the COVID-19 pandemic.
Key Intervention Measures
Policy Rate Reduction
Reduced the policy rate to provide monetary policy support to the economy
Loan Restructuring
Allowed banks to restructure loans for affected borrowers without penalty
Regulatory Forbearance
Provided temporary relief on certain prudential requirements
Targeted Credit Facility
Established special lending facilities for SMEs and affected sectors
Impact & Outcomes
The Bank of Zambia's COVID-19 intervention measures helped cushion the economy from the worst effects of the pandemic. Key outcomes included:
- Over ZMW 8 billion in loans restructured for affected borrowers
- Maintained financial system stability throughout the crisis
- Supported continued access to credit for essential sectors
- Protected depositor interests and maintained public confidence
Related Documents
COVID-19 Response Framework
Comprehensive framework outlining the Bank of Zambia's response to the COVID-19 pandemic.
COVID-19 Response Framework
Comprehensive framework outlining the Bank of Zambia's response to the COVID-19 pandemic.
Loan Restructuring Guidelines
Guidelines for financial institutions on restructuring loans for borrowers affected by the pandemic.
Loan Restructuring Guidelines
Guidelines for financial institutions on restructuring loans for borrowers affected by the pandemic.
SME Support Measures
Special measures and facilities to support small and medium enterprises during the pandemic.
SME Support Measures
Special measures and facilities to support small and medium enterprises during the pandemic.
COVID-19 Impact Assessment Report
Assessment of the pandemic's impact on the financial sector and economy.
COVID-19 Impact Assessment Report
Assessment of the pandemic's impact on the financial sector and economy.
Post-COVID Recovery Strategy
Strategic roadmap for economic recovery and normalization of financial sector operations.
Post-COVID Recovery Strategy
Strategic roadmap for economic recovery and normalization of financial sector operations.