Posted in Publications, Corporate Law, Fintech Business October 17, 2025
HOW TO OBTAIN A NON-BANK (NON-DEPOSIT) FINANCIAL INSTITUTION LICENCE IN ZAMBIA
The Banking and Financial Services Act (BFSA), 1994, gives the Bank of Zambia the authority to license, regulate and supervise banks and other financial institutions registered under the referred Act. There are mainly two categories of non-bank financial institutions: Deposit Financial Institution: These institutions are …