Publication:
Access to Financial Services in Zambia
dc.contributor.author | de Luna Martínez, José | |
dc.date.accessioned | 2012-06-26T13:33:12Z | |
dc.date.available | 2012-06-26T13:33:12Z | |
dc.date.issued | 2006-11 | |
dc.description.abstract | 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 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.identifier | http://documents.worldbank.org/curated/en/2006/11/7186397/access-financial-services-zambia | |
dc.identifier.uri | http://hdl.handle.net/10986/8993 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Policy Research Working Paper; No. 4061 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | AUTONOMY | |
dc.subject | BANK ACCOUNTS | |
dc.subject | BANK ASSETS | |
dc.subject | BANK BRANCHES | |
dc.subject | BANK DEPOSITS | |
dc.subject | BANK FAILURES | |
dc.subject | BANK REGULATION | |
dc.subject | BANK SUPERVISION | |
dc.subject | BANKING LAWS | |
dc.subject | BANKING REGULATION | |
dc.subject | BANKING SECTOR | |
dc.subject | BANKING SERVICES | |
dc.subject | BANKING SYSTEM | |
dc.subject | BANKS | |
dc.subject | BORROWING | |
dc.subject | CAPITAL ADEQUACY | |
dc.subject | CAPITAL MARKETS | |
dc.subject | CAPITAL REQUIREMENTS | |
dc.subject | CENTRAL BANK | |
dc.subject | COMMERCIAL BANK | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | CONSOLIDATION | |
dc.subject | CORPORATE GOVERNANCE | |
dc.subject | CORPORATION | |
dc.subject | CORPORATIONS | |
dc.subject | CREDIT BOOM | |
dc.subject | CREDIT RISK | |
dc.subject | CREDIT RISK MANAGEMENT | |
dc.subject | DEBT | |
dc.subject | DEPOSIT ACCOUNTS | |
dc.subject | DEPOSITORS | |
dc.subject | DEPOSITS | |
dc.subject | DISCLOSURE REQUIREMENTS | |
dc.subject | DOMESTIC CREDIT | |
dc.subject | DOMESTIC MARKETS | |
dc.subject | ECONOMIC CONDITIONS | |
dc.subject | ECONOMIC GROWTH | |
dc.subject | ECONOMIC REFORMS | |
dc.subject | EMPLOYMENT | |
dc.subject | ESTATE | |
dc.subject | EXCHANGE RATES | |
dc.subject | FINANCIAL DISCLOSURE | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL SECTOR DEVELOPMENT | |
dc.subject | FINANCIAL SECTOR LIBERALIZATION | |
dc.subject | FINANCIAL SECTOR REFORM | |
dc.subject | FINANCIAL SERVICES | |
dc.subject | FISCAL REFORM | |
dc.subject | FOREIGN BANKS | |
dc.subject | FOREIGN CURRENCY DEPOSITS | |
dc.subject | FOREIGN EXCHANGE | |
dc.subject | GOVERNMENT INTERVENTION | |
dc.subject | GUIDELINES | |
dc.subject | HOUSING | |
dc.subject | INDIVIDUALS | |
dc.subject | INFLATION | |
dc.subject | INSOLVENT BANKS | |
dc.subject | INSURANCE | |
dc.subject | INTEREST RATES | |
dc.subject | INTERNAL CONTROLS | |
dc.subject | JOINT VENTURE | |
dc.subject | LARGE COMPANIES | |
dc.subject | LEASING | |
dc.subject | LIMITED | |
dc.subject | LIQUIDITY | |
dc.subject | LOAN CLASSIFICATION | |
dc.subject | MANAGERS | |
dc.subject | MARKET DISCIPLINE | |
dc.subject | MARKET INCENTIVES | |
dc.subject | MARKET RISKS | |
dc.subject | MERCHANT BANK | |
dc.subject | MICROFINANCE | |
dc.subject | MIGRATION | |
dc.subject | MONEY SUPPLY | |
dc.subject | MORAL HAZARD | |
dc.subject | MORTGAGES | |
dc.subject | NATIONALIZATION | |
dc.subject | NEW ENTRANTS | |
dc.subject | NONPERFORMING LOANS | |
dc.subject | OPERATING COSTS | |
dc.subject | PAYMENT SYSTEMS | |
dc.subject | PERSONS | |
dc.subject | PRODUCTIVITY | |
dc.subject | PROFITABILITY | |
dc.subject | PRUDENTIAL REQUIREMENTS | |
dc.subject | PRUDENTIAL RULES | |
dc.subject | REGULATORY FRAMEWORK | |
dc.subject | REGULATORY REGIME | |
dc.subject | RETURN ON ASSETS | |
dc.subject | SAVINGS | |
dc.subject | SAVINGS ACCOUNTS | |
dc.subject | SECURITIES | |
dc.subject | SMALL BANKS | |
dc.subject | SOCIETIES | |
dc.subject | SOLVENCY | |
dc.subject | SPECIAL DRAWING RIGHTS | |
dc.subject | STATE BANKS | |
dc.subject | SUB-SAHARAN AFRICA | |
dc.subject | SUPERVISORY FRAMEWORK | |
dc.subject | TRADING | |
dc.subject | TRANSACTION COSTS | |
dc.subject | TRANSPARENCY | |
dc.subject | TRANSPORT | |
dc.subject | VOLATILITY | |
dc.title | Access to Financial Services in Zambia | en |
dspace.entity.type | Publication | |
okr.doctype | Publications & Research :: Policy Research Working Paper | |
okr.doctype | Publications & Research | |
okr.docurl | http://documents.worldbank.org/curated/en/2006/11/7186397/access-financial-services-zambia | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Governance | |
okr.globalpractice | Finance and Markets | |
okr.identifier.doi | 10.1596/1813-9450-4061 | |
okr.identifier.externaldocumentum | 000016406_20061108094235 | |
okr.identifier.internaldocumentum | 7186397 | |
okr.identifier.report | WPS4061 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/11/08/000016406_20061108094235/Rendered/PDF/wps4061.pdf | en |
okr.region.administrative | Africa | |
okr.region.country | Zambia | |
okr.topic | Law and Development :: Corporate Law | |
okr.topic | Finance and Financial Sector Development :: Financial Intermediation | |
okr.topic | Banks and Banking Reform | |
okr.topic | Law and Development :: Banking Law | |
okr.topic | Financial Crisis Management and Restructuring | |
okr.unit | Development Research Group (DECRG) | |
okr.volume | 1 of 1 | |
relation.isSeriesOfPublication | 26e071dc-b0bf-409c-b982-df2970295c87 |
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