Non-performing loans reached 326 ZMW bil in 2013 in Zambia, according to the National Central Bank. This is 13.8 % more than in the previous year.
Historically, non-performing loans in Zambia reached an all time high of 2,471 ZMW bil in 2009 and an all time low of 286 ZMW bil in 2012. When compared to Zambia's main peers, non-performing loans in Angola amounted to 288 AOA bil and 541 TNS bil in Tanzania in 2013.
Zambia has been ranked 20th within the group of 102 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.