Transcription of BANK SUPERVISION ANNUAL REPORT - 2016
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BANK SUPERVISION ANNUAL REPORT - 2016
BANK SUPERVISION ANNUAL REPORT - 2016 2 TABLE OF CONTENTS Governor s Foreword ..7 Director s Foreword .. 10 CHAPTER 1: OVERVIEW OF MACROECONOMIC ENVIRONMENT .. 13 CHAPTER 2: MAJOR DEVELOPMENTS AND OTHER SUPERVISORY ACTIVITIES IN THE BANKING SECTOR .. 19 CHAPTER 3: CONDITION & PERFORMANCE OF THE BANKING SECTOR .. 35 CHAPTER 4: LEGAL & REGULATORY DEVELOPMENTS .. 60 CHAPTER 5: CONSUMER EDUCATION AND CONSUMER PROTECTION ISSUES .. 63 CHAPTER 6: OUTLOOK .. 68 APPENDIX 1: FUNCTION AND ORGANIZATION OF BANK SUPERVISION DIVISION .. 71 APPENDIX 2: MAJOR SUPERVISORY TOOLS AND METHODOLOGIES .. 73 APPENDIX 3: REGISTERED BANKING INSTITUTIONS AS AT 31 DECEMBER 2016.
8 development of the National Financial Inclusion Strategy, among others. 7. As at 31 December 2016, ZAMCO had acquired banking sector non-performing loans
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