Fx denominated loans as a share of bank loans reached 40.9% in 2022 in Zambia, according to the National Central Bank. This is 27.8% more than in the previous year.
Historically, FX denominated loans as a share of bank loans in Zambia reached an all time high of 50.2% in 2019 and an all time low of 12.9% in 2009.
Zambia has been ranked 20th within the group of 90 countries we follow in terms of FX denominated loans as a share of bank loans.
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