i


NOVEMBER 2016

Table of Contents


October

November
Month-on-
Month
Change
Z.S.E. Mining Index1
33.8
57.4
69.8%
Z.S.E. Industrial Index1
120.8
137.1
13.5%
National Payment System Transactions
(US$ millions)
6 467.5
6 900.0
7%
Money Supply (US$ millions)2
5 356.0
5 466.2
2.1%
Money Supply (M3) Annual Growth2 (%)
16.4
15.2

Yearly Inflation3 (%)
-0.95%
-1.1%

Monthly Inflation3 (%)
0.09%
0.02%

Nominal Lending Rate2 (% per annum)
4.0-18.0
4.0-18.0

Sources:
1. Zimbabwe Stock Exchange (ZSE)
2. Reserve Bank of Zimbabwe (RBZ)
3. Zimbabwe National Statistics Agency (ZIMSTAT)
SELECTED ECONOMIC INDICATORS

STOCK MARKET DEVELOPMENTS

Major stock markets in the USA registered gains,
during the month of November 2016. European
and Asian markets, however, registered mixed
trading during the same period. The CAC 40,
Nikkei and Shangai recorded gains, while the
FTSE 100, DAX and Hang Seng recorded losses.

In Africa, the performance of leading stock
markets was mixed during the month under
analysis. Gains were registered in Egypt,
24.40%, Kenya, 3.40% and Tunisia, 1.02%.
Stock markets in Nigeria and South Africa,
however, recorded losses of -7.3% and -0.20%,
respectively.

The Zimbabwe Stock Exchange (ZSE) was
bullish during the month of November 2016, on
account of renewed investor interest in blue-chip
counters. Resultantly, both the mainstream and
resources indices increased. The industrial index
gained by 13.5%, to close the month under
review at 137.08 points. Similarly, the mining
index increased by 69.76% to 57.38 points in
November 2016, from 33.8 points in October
2016.


The volume of shares traded rose by 31.74% to
233.7 million shares during the month of
November.
This
was underpinned by
a
substantial number of block trades recorded as
follows: Nicoz Diamond, 24.5 million shares
traded at 2.75 cents; Econet, 4.7 million shares
traded at 28 cents; Delta, 3.29 million shares
traded at 4 cents; and Axia Corporation, 2.5
million shares traded at 6 cents.
ZSE
market
turnover
stood
at
US$23.5 million in November 2016, up from
US$22.6 million in October 2016.

30-Oct-15
30-Nov-15
31-Dec-15
31-Jan-16
29-Feb-16
31-Mar-16
30-Apr-16
31-May-16
30-Jun-16
31-Jul-16
31-Aug-16
30-Sep-16
31-Oct-16
30-Nov-16
Figure 1: ZSE Indices
Industrial
Mining
Source: Zimbabwe Stock Exchange, 2016

Source: Zimbabwe Stock Exchange, 2016
Concurrently, the ZSE market capitalization rose
by 14% to close at US$3.80 billion, during the
month under review. This was on account of
gains in heavy weight stocks.

MONETARY DEVELOPMENTS
Broad money supply recorded an annual growth
rate of 15.20% in November 2016. The growth
was on the back of increases in demand, 33.98%;
and savings deposits, 2.94%. Partially offsetting
these increases, were declines of 8.82% and
6.68% in over 30-day and under 30-day deposits,
respectively.


Source: Reserve Bank of Zimbabwe, 2016
Month- on- month, money supply increased by
2.06%, from US$5 356.0 million in October
2016 to US$5 466.2 million in November 2016.
Broad money continued to be dominated by short
term deposits, partly reflecting economic agents’
preference to hold financial assets in the form of
cash.


Source: Reserve Bank of Zimbabwe, 2016

Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
VALUES TRADED (US$ MILLIONS)
VOLUMES TRADED (MILLIONS)
Figure 2: ZSE: Monthly Volumes
Figure 2: ZSE: Monthly Volumes and Values Traded
and Values Traded
Volume
Turnover
-2


Feb-14
May-14
Aug-14
Nov-14
Feb-15
May-15
Aug-15
Nov-15
Feb-16
May-16
Aug-16
Nov-16
%
US$ BILLIONS
Figure 4: Money Supply
Figure 4: Money Supply
M3
M3 Annual Growth rate
Under 30
Days
11.87%
Over 30
Days
16.44%
Demand
59.51%
savings
12.18%Figure 5: Bankin
Figure 5: Banking Sector Deposits November 20
Deposits November 2016

The total deposits as at end November 2016,
comprised of demand deposits, 59.51%; over 30days
deposits,
16.44%;
savings
deposits,
12.18%; and under 30-days deposits, 11.87%.

Banking sector credit to local economic agents
stood at US$6 210.3 million, during the month
under analysis. This represented a 16.18% annual
increase from the US$5 345.3 million recorded
during the same period last year. On a month-onmonth basis, banking sector credit increased by
3.9%
in
November
2016,
from
US$5 978.5 million in October 2016.

Credit to the private sector, the dominant
component of domestic credit, recorded a decline
of
7.15%
to
US$3
622.6
million
in
November 2016, from US$3 901.6 million in
November 2015. On a monthly basis, however,
credit to the private sector rose by 2.12% from
US$3 547.5 million in October 2016 to
US3
622.7
million
in
November
2016.

The credit availed to the private sector was in the
form of loans and advances, 85.94%; mortgages,
10.37%;
other
investments,
3.56%;
bills
discounted, 0.11%; and bankers’ acceptances,
0.01%.

Source: Reserve Bank of Zimbabwe, 2016
In terms of sectors, private sector credit was
distributed as follows: households, 23.41%;
services,
16.95%;
agriculture,
19.23%;
manufacturing, 15.11%; distribution, 12.36%;
mining, 5.55%; financial organisations and
investments,
3.06%;
transport
and
communications,
2.38%;
and
construction,
1.55%.

In proportions, private sector credit was utilised
for inventory build-up, 31.82%; consumer
durables, 16.27%; fixed capital investment,
16.08%; and pre and post shipment financing,
1.66%. Borrowed funds channelled towards
other recurrent expenditures constituted 34.16%
of the total outstanding loans and advances.


Loans &
Advances
85.94%
Mortgages
10.37%
Bills Discounted
0.11%
Other investments
3.56%Figure 6: Composi
Figure 6: Composition of Private Sector Credit
Sector Credit

INFLATION OUTTURN

Annual Inflation

The annual headline inflation stood at -1.09% in
November 2016, a 0.14 percentage points
decrease from the October 2016 rate of -0.95%.
This was underpinned by declines in both food
and non-food inflation.


Source: ZIMSTAT, 2016
Annual food inflation stood at -1.54% in
November 2016, up from -2.0% recorded in
October 2016. This was due to increases in prices
of sugar, confectionery, fish and sea food.
Partially offsetting the increase were declines in
prices of fruits, milk, cheese and eggs.

The year-on-year non-food inflation decreased
from -0.45% in October 2016, to -0.89% in
November 2016. The decline was largely
attributed to decreases in communication
services; transport services; recreational and
cultural services and miscellaneous goods and
services. Partially offsetting the decline in annual
non-food inflation was an increase in education.

Monthly Inflation


Month-on-month inflation shed 0.07 percentage
points to close the month under review at 0.02%,
from 0.09% recorded in the previous month. This
was largely driven by the decrease in non-food
inflation.

Source: ZIMSTAT, 2016
Non-food inflation decelerated from -0.05% in
October 2016 to -0.22% in November 2016,
largely on account of decreases in restaurants and
hotels, recreation and culture as well as clothing
and footwear.

Monthly food inflation rose to 0.54% during the
month under analysis, from 0.40% recorded in
the previous month. This was, in large part,
explained by the increase in prices of sugar and
confectionery. Partially offsetting the increase
were decreases in the prices of fruits, milk,
cheese and eggs.


Figure 7: Annual Inflation
(%)
Headline Inflation
Food
Non Food

0.6Figure 8: M
Figure 8: M-
-O
O-
-M Inflation
M Inflation

NATIONAL PAYMENTS SYSTEM

The total value of transactions processed through
the
National
Payment
System
stood
at
US$6 900.03 million, during the month ending
30th November 2016. This represented a 7%
increase from the US$6 476.52 million recorded
in the previous month.

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

Transactions processed through the RTGS
system rose by 12%, to close the month under
review at US$4.62 billion. Likewise, the volume
of transactions also increased by 19% to 357 137
in the same month.

Source: Reserve Bank of Zimbabwe, 2016


Cash transactions

During
the
month
under
analysis,
cash
transactions
declined
by
25%
to
US$ 396.43 million, from US$492.30 million
recorded in October 2016.

Mobile and Internet Based Transactions

The total value of mobile and internet based
transactions
increased
by
3.59%,
from
US$ 740.50 million in October 2016, to
US$767.07 million in November 2016.

Card Based Transactions

Card
based
transactions
stood
at
US$447.89 million during the month under
review. This was a 2.89% increase, compared to
the US$435.28 million recorded in the previous
month.

Cheque Transactions
The total value of cheque transactions declined
by 13% to US$691.78 million in November
2016, from US$7 990.87 million in October
2016.

RESERVE BANK OF ZIMBABWE
JANUARY 2017


VALUE IN US$ BILLIONS
VOLUME IN THOUSANDS
Figure 9: ZETSS Volumes and
Figure 9: ZETSS Volumes and Values
Values
Volume
Value

Statistical Tables

1. Monetary Statistics

1.1 Monetary Aggregates

1.2 Broad Money Survey

1.3 Analysis of Monthly Changes in Money Supply

1.4 Analysis of Yearly Changes in Money Supply

2. Sectoral Analysis of Bank Loans and Advances and Deposits

2.1 Sectoral Analysis of Commercial Banks Loans and Advances 14

2.2 Sectoral Analysis of Commercial Banks Deposits

3. External Statistics

3.1 Total External Debt Outstanding by Debtor

4. Interest Rates

4.1 Lending Rates

4.2 Banks Deposit Rates

5. Inflation

5.1 Monthly Inflation

5.2 Yearly Inflation

6. Exchange Rates

7. Commercial Banks

7.1 Assets

7.2 Liabilities

8. Merchant Banks

8.1 Assets

8.2 Liabilities

9. Building Societies

9.1 Assets

9.2 Liabilities

10. Zimbabwe Stock Exchange Statistics

11. Savings with Financial Institutions

12. Analysis of Liquid Assets of Monetary Banks

13. ZETSS, Cheques and Cards Activity


13.1 Values of Transactions

13.2 Volumes of Transactions

November
December
January
February
March
April
May
June
July
August
September
October
November
Bond Notes and Coins

RBZ Demand Deposits

Comm. Banks Dem. Deposits

Merchant Banks Dem. Deposits

M1

Comm. Banks Savings Deposits

Building Soc. Savings Deposits

P O S B Savings Deposits

Comm. Banks U-30 Day Deposits

Merchant Banks U-30 Day Deposits

Building Soc. U- 30 Day Deposits

M2

Comm. Banks O-30 Day Deposits

Merchant Banks O-30 Day Deposits

Building Soc. O- 30 Day Deposits

Building Soc. Other Share Deposits

P O S B Time Deposits

M3

Source:Reserve Bank of Zimbabwe, 2016
TABLE 1.1 : MONETARY AGGREGATES
US$ thousands

NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
NET FOREIGN ASSETS

Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs) \1

Liabilities \2

RBZ

DMBs

OBIs

NET DOMESTIC ASSETS

DOMESTIC CREDIT

Claims on Government (net)

RBZ

DMBs

OBIs

Claims on Public Enterprises

RBZ

DMBs

Agri-PEs

Other

OBIs

Claims on Private Sector

RBZ

DMBs

OBIs

OTHER ITEMS (NET)

BROAD MONEY (M3)

Source:Reserve Bank of Zimbabwe, 2016
1. Building societies and P. O. S. B.
2. Sign reversal.
TABLE 1.2 : BROAD MONEY SURVEY
US$ thousands

NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
NET FOREIGN ASSETS

Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs) \1

Liabilities \2

RBZ

DMBs

OBIs

NET DOMESTIC ASSETS \3

DOMESTIC CREDIT

Claims on Government (net)

RBZ

DMBs

OBIs

Claims on Public Enterprises

RBZ

DMBs

Agri-PEs

Other

OBIs

Claims on Private Sector

RBZ

DMBs

OBIs

OTHER ITEMS (NET)

BROAD MONEY (M3)

Broad Money (M3)

Domestic Credit

Claims on Private Sector

Source:Reserve Bank of Zimbabwe, 2016
1. Finance houses, building societies and P. O. S. B.
2. Sign reversal.
3. Net Domestic Assets consist of domestic credit and other items net.

TABLE 1.3 : ANALYSIS OF MONTHLY CHANGES IN MONEY SUPPLY (M3)
US$ thousands

NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
NET FOREIGN ASSETS

Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs) \1

Liabilities \2

RBZ

DMBs

OBIs

NET DOMESTIC ASSETS \3

DOMESTIC CREDIT

Claims on Government (net)

RBZ

DMBs

OBIs

Claims on Public Enterprises

RBZ

DMBs

Agri-PEs

Other

OBIs

Claims on Private Sector

RBZ

DMBs

OBIs

OTHER ITEMS (NET)

BROAD MONEY (M3)

GROWTH RATES
Broad Money (M3)

Domestic Credit

Claims on Private Sector

Source:Reserve Bank of Zimbabwe, 2016
1. Finance houses, building societies and P. O. S. B.
2. Sign reversal.
3. Net Domestic Assets consist of domestic credit and other items net.

TABLE 1.4 : ANALYSIS OF YEARLY CHANGES IN MONEY SUPPLY (M3)
US$ thousands

AGRICULTURE
CONSTRUCTION
COMMUNICATION
DISTRIBUTION
FINANCIAL &
FINANCIAL
MANUFACTURING
MINING
SERVICES
TRANSPORT
INDIVIDUALS CONGLOMERATES
TOTAL
END OF


INVESTMENTS
ORGANISATIONS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe,2016
/1 Including the only merchant bank still in operation.
TABLE 2.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES/1
US$ thousands

END OF
AGRICULTURE CONSTRUCTION
COMMUNICATIONS
DISTRIBUTION
FINANCIAL &
FINANCIAL
MANUFACTURING
MINING
SERVICES
TRANSPORT
INDIVIDUALS
CONGLOMERATES
TOTAL
INVESTMENTS ORGANISATIONS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source: Reserve Bank of Zimbabwe,2016
TABLE 2.2: SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS
US$ thousands

(US$ millions)
End Period

Long-Term External Debt

Government

Bilateral Creditors


Multilateral Creditors

Private Creditors

Public Enterprises


Bilateral Creditors

1,155

Multilateral Creditors

Private Creditors

Monetary Authorities

Multilateral Creditors - IMF

Private

1,002
2,261
1,913
Short-Term External Debt

1,198
1,382
1,289

1,564
2,394
2,258
Supplier's Credits

Reserve Bank

Private

1,807
1,671
Total External Debt

Source: Ministry of Finance & Economic Development, 2016; & Reserve Bank of Zimbabwe, 2016
TABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS)

End Period
Nominal Lending Rates 1
Individuals
Corporate

Jan
6.00-35.00
14.16
9.66
Feb
4.30-33.50
14.00
9.73
Mar
4.30-33.50
13.24
8.75
Apr
4.30-31.00
12.71
8.84
May
5.00-31.00
12.74
8.79
Jun
5.00-31.00
11.94
8.42
Jul
5.00-31.00
11.86
8.56
Aug
4.30-26.00
11.96
8.51
Sep
4.30-25.00
11.81
8.47
Oct
4.00-18.00
10.98
7.28
Nov
4.00-16.25
12.20
7.67
Dec
6.00-16.00
11.99
7.57

Jan
6.00-22.00
12.08
7.38
Feb
4.00-22.00
11.48
7.29
Mar
4.00-22.00
11.44
7.16
Apr
4.00-22.00
11.50
7.20
May
4.00-18.00
11.43
7.35
Jun
4.00-18.00
11.40
7.48
Jul
4.00-18.00
10.69
6.79
Aug
4.00-18.00
10.67
6.84
Sep
4.00-18.00
10.66
6.95
Oct
4.00-18.00
10.70
6.93
Nov
4.00-18.00
10.69
6.99
Source:Reserve Bank of Zimbabwe, 2016
Notes
TABLE 4.1 LENDING RATES (percent per annum)
1. Nominal Lending Rates depict the range of rates quoted by banks.
Commercial Banks
Weighted Average Lending Rates

END OF
SAVINGS
3 MONTHS

Jan
0.15-8.00
3.00-17.00
Feb
0.50-12.00
1.00-17.00
Mar
0.50-12.00
1.00-17.00
Apr
0.30-8.00
1.00-17.00
May
0.30-8.00
1.00-17.00
Jun
0.30-8.00
1.00-17.00
Jul
0.30-8.00
1.00-15.00
Aug
0.30-8.00
1.00-15.00
Sep
0.30-8.00
1.00-16.00
Oct
0.50-8.00
1.00-17.00
Nov
0.75-8.00
1.00-17.00
Dec
0.50-8.00
0.75-17.00

Jan
0.50-8.00
0.75-17.00
Feb
0.50-8.00
0.75-17.00
Mar
0.50-8.00
0.75-17.00
Apr
0.50-8.00
0.75-17.00
May
0.50-8.00
0.75-17.00
Jun
0.50-6.00
0.75-17.00
Jul
0.50-6.00
0.75-17.00
Aug
0.50-6.00
1.00-17.00
Sep
0.50-6.00
1.00-17.00
Oct
0.50-6.00
1.00-17.00
Nov
0.50-6.00
1.00-17.00
Source:Reserve Bank of Zimbabwe, 2016
* The range of rates qouted by banks during the period.
TABLE 4.2 : BANKS DEPOSIT RATES (percent per annum)*
COMMERCIAL BANKS

FOOD
INFLATION
ALL
ALCOHOLIC
BEVERAGES
CLOTHING
HOUSING,
WATER,
FURNITURE
HEALTH
TRANSPORT
COMMUNICATION
RECREATION
&
EDUCATION
RESTAURANTS
&
MISC.
TOTAL NON
FOOD &
ITEMS
& TOBACCO
FOOTWEAR
ELECTRICTY,
GAS
AND
CULTURE
HOTELS
GOODS &
FOOD
NON
ALCOHOLIC
BEVERAGES
& OTHER
EQUIPMENT
SERVICES
FUELS
WEIGHTS


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Zimstat, 2016
NON-FOOD INFLATION
TABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX
( DECEMBER 2012 = 100)

F OOD
IN F LA TION
A LC OHOLIC
C LOTHIN G
HOUS IN G,
WA TER ,
F UR N ITUR E
M IS C .
F OOD &
B EVER A GES
&
ELEC TR IC T
Y, GA S
A N D
R EC R EA TION
&
R ES TA UR A N TS
&
GOOD S &
TOTA L N ON
N ON
A LC OHOLIC
A LL
& TOB A C C O
F OOTWEA R
& OTHER
EQUIP M EN T
C ULTUR E
HOTELS
S ER VIC ES
F OOD
B EVER A GES
ITEM S
F UELS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source: Zimstat, 2016
C OM M UN IC A TION
TR A N S P OR T
HEA LTH
ED UC A TION
N ON -F OOD IN F LA TION
TABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX
(DECEMBER 2012 = 100)

SA
BW
JAPANESE
EUROPEAN
POUND
END OF
RAND/1
PULA/1
YEN/1
CURRENCY/2
STERLING/2

JAN

FEB

MAR

APR

MAY

JUNE

JULY

AUG

SEPT

OCT

NOV

DEC


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

Source: Reserve Bank of Zimbabwe, 2016
TABLE 6 : SELECTED INTERNATIONAL EXCHANGE RATES
1. Foreign currency per US dollar.
2. US dollars per unit of foreign currency

Foreign
Loans &
Contigent
Other
Non Financial
TOTAL
End of
Notes
Total
Other Balances
Advnces
Assets
Assets
Assets
Bond
&
Balances
Balances
Balances
with RBZ
Notes &
Coin
with
with Other
at
Trade
Treasury
Agric PEs
Coins
at Banks
RBZ
Banks
Foreign Banks
Bills
Bills

Jan


21.4
2,796.76


Feb


17.9
2,792.50


Mar


15.5
2,925.46


Apr


18.2
2,967.13


May


18.2
2,922.70


Jun


28.8
2,872.55


Jul


28.8
2,815.04


Aug


28.8
2,810.06


Sep


28.0
2,844.13


Oct


26.7
2,884.16


Nov


26.6
2,931.49


Dec


20.8
2,820.54


Jan


20.6
2,763.7


Feb


20.1
2,680.9


Mar


20.3
2,690.6


Apr


20.4
2,653.4


May


19.8
2,681.8


Jun


19.7
2,669.3


Jul


20.5
2,567.9


Aug


20.5
2,565.9


Sep


18.5
2,547.7


Oct


20.8
2,614.8


Nov


20.8
2,644.9


Source:Reserve Bank of Zimbabwe, 2016
Liquid Assets
TABLE 7.1: COMMERCIAL BANKS - ASSETS
Securities
US$ millions

Deposits
Capital
Contigent
Other
Total
Of which
and
Liablities
Liablities
Liabilities to the
End of
Demand
Savings and Short-term
Long-term
Total
Foreign Liabilities
RBZ
Other Banks
Reserves
Public

Jan
2,056.2

996.2
561.7
3,614.0


3,614.0

Feb
2,079.6

876.1
611.6
3,567.3


3,567.3

Mar
2,139.3

940.4
513.3
3,593.0


3,593.0

Apr
2,098.7

943.5
629.8
3,672.0


3,672.0

May
2,131.8

1015.3
615.3
3,762.4


3,762.4

Jun
2,213.2

1021.9
593.5
3,828.7


3,828.7

Jul
2,166.4

889.7
732.5
3,788.6


3,788.6

Aug
2,266.7

790.9
723.1
3,780.7


3,780.7

Sep
2,276.7

967.6
648.7
3,892.9


3,892.9

Oct
2,259.9

909.3
667.8
3,837.0


3,837.0

Nov
2,475.9

919.4
580.1
3,975.4


3,975.4

Dec
2,512.2

999.0
543.0
4,054.2


4,054.2

Jan
2,562.6

952.2
558.7
4,073.5


4,073.5

Feb
2,545.7

959.3
572.0
4,077.1


4,077.1

Mar
2,653.7

893.4
680.0
4,227.1


4,227.1

Apr
2,675.3

1008.1
591.9
4,275.3


4,275.3

May
2,764.6

1100.0
449.7
4,314.3


4,314.3

Jun
2,865.3

907.1
673.1
4,445.5


4,445.5

Jul
2,826.1

993.3
654.3
4,473.7


4,473.7

Aug
2,979.0

1002.4
587.6
4,569.0


4,569.0

Sep
3,093.4

965.0
662.8
4,721.2


4,721.2

Oct
3,207.8

917.4
568.7
4,693.9


4,693.9

Nov
3,377.7

929.4
470.9
4,777.9


4,777.9

Source:Reserve Bank of Zimbabwe, 2016
TABLE 7.2: COMMERCIAL BANKS - LIABILITIES
US$ millions
Amounts Owing to

Foreign
Loans &
Contigent
Other
Non Financial
TOTAL
End of
Notes
Total
Other Balances
Advnces
Assets
Assets
Assets
Bond
&
Balances
Balances
Balances
Liquid
with RBZ
Coins
Coin
with
with Other
at
Trade
Treasury
Agris Pes
Assets
at Banks
RBZ
Banks
Foreign Banks
Bills
Bills

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe, 2016
US$ millions
TABLE 8.1 : ACCEPTING HOUSES - ASSETS
Liquid Assets
Securities

Of which
Deposits
Capital
Contigent
Other
Total
Liabilities to the
and
Liablities
Liablities
Public
End of
Demand
Savings and Short-term
Long-term
Total
Foreign Liabilities
RBZ
Other Banks
Reserves

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe, 2016
Amounts Owing to
TABLE 8.2 : ACCEPTING HOUSES - LIABILITIES
US$ millions

Foreign
Mortgage
Other
Other
Non Financial
TOTAL
End of
Notes
Total
Advances
Advances
Assets
Assets
&
Balances
Nostro
Bond
Coin
with Other
Balances
Trade
Treasury
Coins
at Banks
Banks
Bills

Jan


Feb


Mar


Apr


May


Jun


Jul


Aug


Sep


Oct


Nov


Dec


Jan


Feb


Mar


Apr


May


Jun


Jul


Aug


Sep


Oct


Nov


Source:Reserve Bank of Zimbabwe, 2016
Liquid Assets
Securities
TABLE 9.1 : BUILDING SOCIETIES - ASSETS
US$ millions

Of which
Capital
Other
Total
Liabilities to the
and
Liabilities
Public
End of
Savings and Short-term
Long-term
Total
Foreign Liabilities
Other Banks
Reserves

Jan


770.2
Feb


806.2
Mar


794.4
Apr


828.9
May


863.6
Jun


836.8
Jul


828.9
Aug


824.5
Sep


833.2
Oct


893.7
Nov


920.4
Dec


944.4

Jan


890.7
Feb


888.6
Mar


882.8
Apr


875.9
May


859.2
May


859.2
Jun


907.0
Jul


907.3
Aug


883.2
Sep


891.5
Oct


912.2
Nov


961.3
Source:Reserve Bank of Zimbabwe, 2016
Deposits
TABLE 9.2 : BUILDING SOCIETIES - LIABILITIES
US$ millions
Amounts Owing to

Market Capitalisation
US$ millions

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Zimbabwe Stock Exchange (ZSE),2016
Indices
Table 10: ZIMBABWE STOCK MARKET STATISTICS
Industrial
Market Turnover
US$ million
Volume of Shares
Mining

Commercial
Building
End of
Banks
P.O.S.B.
Societies
TOTAL

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe, 2016
1/ Comprises all deposits other than demand deposits.
TABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS
US$ millions

Liquid
Prescribed
Excess
Liquid
Prescribed
Excess
assets
liquid
liquid
assets
liquid
Liquid
End of
held
assets/1
assets
held
assets/1
assets

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe, 2016
1/With effect from 1 August 2011, the prescribed liquid asset ratio was reviewed from 20% to 25% of liabilities to the public.
US$ millions
TABLE 12 : ANALYSIS OF LIQUID ASSETS OF COMMERCIAL BANKS & ACCEPTING HOUSES
Commercial Banks
Accepting Houses

MONTH
ZETSS
CHEQUE
POS
ATM
MOBILE INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep
3,762.7


Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe, 2016
TABLE 13.1 : ZETSS AND RETAIL PAYMENTS
Values of Transactions (US$ millions)

MONTH
ZETSS
CHEQUE
POS
ATM
MOBILE
INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Annual Total


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Source:Reserve Bank of Zimbabwe, 2016
TABLE 13.2 : ZETSS AND RETAIL PAYMENTS
Volumes of Transactions (thousands)