Despite the deep financial sector reforms undertaken in Zambia in the early 1990s, the expected benefits of establishing a market-based banking system has not materialized. In 2005 the banking system continued to be small and underdeveloped. Credit to the private sector by banks represented only 8 percent of GDP in 2005, which is slightly lower than the level registered in 1990. As in the early 1990s, only large corporations and a few small- and medium-size...
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2006/11/01
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Documento de trabalho sobre pesquisa de políticas
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WPS4061
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1
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1
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2010/07/01
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Disclosed
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Access to financial services in Zambia
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access to banking service
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