Zambia Interest Rates

The Zambian economy, with a population of 14.3 million ( est. 2012), ranks 117th in the world with a GDP PPP of $25.5 billion and GDP PPP per capita of $1,754 vs. $53,101 (United States) according to the IMF in 2013. The national currency used is the Zambian kwacha (ZMW) that is issued by Bank of Zambia (boz.zm). Its banks offer standard products including transactional accounts, savings accounts and fixed deposit accounts for interest interest deposits. Estimates for consumer price inflation from the CIA.gov were 7.1% in 2013 and 6.6% in 2012.

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Zambia Banks

Showing rates for 5 Bank deposit providers in Zambia.
Provider Branch Founded Ownership
Zanaco Zanaco 59 1969 Local
Finance Bank Zambia Finance Bank Zambia 34 1986 Local
Standard Chartered Zambia Standard Chartered Zambia 25 1906 Foreign
FNB Zambia FNB Zambia 10 1998 Foreign
Access Bank Zambia Access Bank Zambia Foreign

Zambia Discussion Activity

  • Zanaco
    Q: I want to open a saving account with zanaco

    Reply winstone from Nchelenge, Zambia
  • Zanaco - Deposits
    Q: what is the interest rate per month..if k 1500 deposited into fixed account.

    Reply Crable from Israel
  • Zanaco - Savings
    Q: What is the interest on a savings account

    Reply Henry from Zambia
  • Zanaco - Deposits
    Q: What are the annual deposit interest rates at ZANACO? Regards

    Reply Cornelius from Pretoria, South Africa
  • Zanaco - Deposits -
    Q: Minimum amount for me to start opening a deposits accounts. And what is interest rate per year.

    Reply Norman from Zambia
  • Zanaco - Deposits -
    Q: Minimum amount for me to start opening a deposits accounts. And what is interest rate per year.

    Reply Norman from Zambia
  • Zanaco - Deposits
    Q: what is the rate or the total amount with interest when one deposits into fixed account say 10 000 over a year period. what would be the total.

    Reply Nasilele from Zambia
  • FNB Zambia
    Q: What is the bank code, what is the swift code and the branch code for commercial suite

    Reply irene from Lusaka, Zambia
  • Zanaco - Deposits -
    Q: if i put my money in my fixed account for six months k1500

    Reply francis from Nchelenge, Zambia
  • Standard Chartered Zambia
    Q: Which of your products offers the highest interest rates?

    Reply Cornelius from Zambia