Publication:
Access to Financial Services in Zambia

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dc.contributor.authorde Luna Martínez, José
dc.date.accessioned2012-06-26T13:33:12Z
dc.date.available2012-06-26T13:33:12Z
dc.date.issued2006-11
dc.description.abstractDespite 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 enterprises have access to credit in 2006. Moreover, less than 8 percent of Zambia's adult population had a bank account in 2005. And despite the open door policy to foreign financial institutions, which has been in place since Zambia's independence, only a few new banking products have been introduced by foreign banks to serve the needs of households and firms. This paper analyzes the factors that have prevented the development of a large and inclusive banking system in Zambia and highlights possible actions that may help improve access to finance in Zambia in both the short and long terms.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/11/7186397/access-financial-services-zambia
dc.identifier.doi10.1596/1813-9450-4061
dc.identifier.urihttps://hdl.handle.net/10986/8993
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4061
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAUTONOMY
dc.subjectBANK ACCOUNTS
dc.subjectBANK ASSETS
dc.subjectBANK BRANCHES
dc.subjectBANK DEPOSITS
dc.subjectBANK FAILURES
dc.subjectBANK REGULATION
dc.subjectBANK SUPERVISION
dc.subjectBANKING LAWS
dc.subjectBANKING REGULATION
dc.subjectBANKING SECTOR
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBORROWING
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCENTRAL BANK
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSOLIDATION
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCREDIT BOOM
dc.subjectCREDIT RISK
dc.subjectCREDIT RISK MANAGEMENT
dc.subjectDEBT
dc.subjectDEPOSIT ACCOUNTS
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC MARKETS
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC REFORMS
dc.subjectEMPLOYMENT
dc.subjectESTATE
dc.subjectEXCHANGE RATES
dc.subjectFINANCIAL DISCLOSURE
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SECTOR LIBERALIZATION
dc.subjectFINANCIAL SECTOR REFORM
dc.subjectFINANCIAL SERVICES
dc.subjectFISCAL REFORM
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CURRENCY DEPOSITS
dc.subjectFOREIGN EXCHANGE
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGUIDELINES
dc.subjectHOUSING
dc.subjectINDIVIDUALS
dc.subjectINFLATION
dc.subjectINSOLVENT BANKS
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINTERNAL CONTROLS
dc.subjectJOINT VENTURE
dc.subjectLARGE COMPANIES
dc.subjectLEASING
dc.subjectLIMITED
dc.subjectLIQUIDITY
dc.subjectLOAN CLASSIFICATION
dc.subjectMANAGERS
dc.subjectMARKET DISCIPLINE
dc.subjectMARKET INCENTIVES
dc.subjectMARKET RISKS
dc.subjectMERCHANT BANK
dc.subjectMICROFINANCE
dc.subjectMIGRATION
dc.subjectMONEY SUPPLY
dc.subjectMORAL HAZARD
dc.subjectMORTGAGES
dc.subjectNATIONALIZATION
dc.subjectNEW ENTRANTS
dc.subjectNONPERFORMING LOANS
dc.subjectOPERATING COSTS
dc.subjectPAYMENT SYSTEMS
dc.subjectPERSONS
dc.subjectPRODUCTIVITY
dc.subjectPROFITABILITY
dc.subjectPRUDENTIAL REQUIREMENTS
dc.subjectPRUDENTIAL RULES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY REGIME
dc.subjectRETURN ON ASSETS
dc.subjectSAVINGS
dc.subjectSAVINGS ACCOUNTS
dc.subjectSECURITIES
dc.subjectSMALL BANKS
dc.subjectSOCIETIES
dc.subjectSOLVENCY
dc.subjectSPECIAL DRAWING RIGHTS
dc.subjectSTATE BANKS
dc.subjectSUB-SAHARAN AFRICA
dc.subjectSUPERVISORY FRAMEWORK
dc.subjectTRADING
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectVOLATILITY
dc.titleAccess to Financial Services in Zambiaen
dspace.entity.typePublication
okr.crossref.titleAccess To Financial Services In Zambia
okr.date.doiregistration2025-04-10T10:44:33.802391Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/11/7186397/access-financial-services-zambia
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.guid657441468334748787
okr.identifier.doi10.1596/1813-9450-4061
okr.identifier.externaldocumentum000016406_20061108094235
okr.identifier.internaldocumentum7186397
okr.identifier.reportWPS4061
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/11/08/000016406_20061108094235/Rendered/PDF/wps4061.pdfen
okr.region.administrativeAfrica
okr.region.countryZambia
okr.topicLaw and Development::Corporate Law
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicBanks and Banking Reform
okr.topicLaw and Development::Banking Law
okr.topicFinancial Crisis Management and Restructuring
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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