Central Banking

Africa's first polymer banknotes to stay

Africa's first and only polymer banknotes, issued by the Bank of Zambia, will remain in circulation despite their disappointing performance, the bank said Tuesday 11 May.

Speaking at a press briefing, Bank of Zambia's Deputy Governor Denny Kalala denied the rumor that it is withdrawing the controversial polymer banknotes from circulation.

"The position is that the Bank of Zambia is not withdrawing the polymer notes from circulation, rather it is expediting the process of exchanging unfit or faded

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.