MONTHLY ECONOMIC REVIEW
JUNE 2014
Selected Economic Indicators

Stock Market Developments

Inflation

National Payments System

Statistical Tables

Monetary Developments

INSIDE THIS ISSUE

PAGE
SELECTED ECONOMIC INDICATORS

May

June
Month on
Month
Change
Z.S.E. Mining Index1
35.45
61.32
72.98%
Z.S.E. Industrial Index1
174.89
186.57
6.68%
Money Supply (Total Bank Deposits) (US$)2
4.33 billion
4.32 billion
-0.05%
Money Supply (M3) Annual Growth2
7.66%
12.65%
-0.05%
Yearly Inflation3
-0.19%
-0.08%
-0.03%
Nominal Commercial Lending Rate (%)
6.00-35.00
6.00-35.00

Sources:
1 Zimbabwe Stock Exchange
2 Reserve Bank of Zimbabwe
3 ZIMSTAT


STOCK MARKET DEVELOPMENTS

In June 2014, the Zimbabwe Stock Exchange
(ZSE) continued on an upward trend, despite
the continuing liquidity challenges.
In international markets, geopolitical risk
was on a rise in the month under review, as
violence broke out in the Iraq, Israel and
Palatine, as well as in Ukraine. This resulted
in an increase in the price of Brent crude oil
to over US$115/barrel. Global stock markets,
however, continued to rise partly due to
positive macroeconomic data coming out of
the United States.
Most African stock markets registered gains,
with Zimbabwe rising by 6.68%, South
Africa, 2.60% and Nigeria 2.40%.
The ZSE’s industrial index increased by
6.68%, to close at 186.57 points during the
period under review. The industrial index
continued to reversing its year to date losses
by gaining 7.63% in June 2014.
The mining index gained 72.98%, to close at
61.32 points in June 2014, from 35.45 points
in May. The gains emanated largely from a
118.18% growth in the share price of
Bindura Nickel Mine, from US2.20 cents in
May to US4.80 cents in June 2014. This was
underpinned by an operating profit of
US$17.3 million for the financial year ending March 2014, against an operating loss of

2 3

2 4
US$13.1 million in 2013. The mining index
gained 33.92%, on a year to date basis.
The volume of shares traded further declined
by 24.31%, from 235.80 million shares in
May 2014 to 178.47 million shares in June
2014. Total turnover concomitantly declined
by 20.74%, weighed down by thin trading
volumes, to close the month under review at
US$28.55 million.
Reflective of increases in the prices of
heavily
capitalized
shares,
market
capitalization
increased
by
8.66%
to
US$4.87 billion, at the end of June 2014,
from US$4.49 billion at the close of May
2014. On a year to date basis, however, the
ZSE’s market capitalization fell by 6.28%.

MONETARY DEVELOPMENTS

Annual growth in broad money increased
further to 12.65% in June 2014. Broad
money was recorded at US$4 323.6 million
in June 2014, from US$3 838.2 million in
June 2013. On a monthly basis, broad
money, however, declined by 0.05%.

The monthly decline in broad money was
underpinned
by
outflows
of
US$53.16 million in demand deposits, and
US$6.3 million in deposits with a maturity
of less than 30 days. Offsetting these
declines
were
inflows
amounting
to
US$30.6 million in deposits with a maturity
of over 30 days and US$26.7 million in savings deposits.

Against the background of a surge in
deposits, annual growth in domestic credit
rose to 6.05%, largely reflecting a 141.82%
increase in net credit to Government. Reflecting this, Treasury bills holdings by commercial and merchant banks, increased by
246.64% between June 2013 and June 2014.

Credit to the private sector continued to be
driven by loans and advances, which were
partly sustained by offshore lines of credit, as
local sources of liquidity remain under strain.
Lending to the private sector by banks de-

3 5
clined marginally to US$2 955.85 million in
June 2014, from US$2 956.04 million in May
2014.

INFLATION DEVELOPMENTS

Annual Inflation

Deflationary pressures in the economy continue to slowly dissipate, with annual headline
inflation increasing for the third consecutive
month in June 2014. Annual inflation stood at
-0.08% in June 2014, gaining 0.11% on the
May 2014 rate of -0.19%, mainly driven by
both food and non-food inflation.
Year on year food inflation increased from -
3.75% in May 2014, to -3.54 percent in June

The distribution industry and household borrowers received 18.14% and 18.10% share
of the cumulative loans and advances, respectively. The loans and advances were
mainly utilized to meet short term working
capital requirements, restocking and raw
material procurement, as well as to finance
consumer durables and other consumption
related expenses.

2014. Food inflation is, however, expected to
remain depressed in the outlook period owing
to good agriculture harvest.
The main contributors to annual food inflation included vegetables; meat, sugar, jam,
honey, chocolate and confectionery; bread
and cereals and the fish and sea food subcategories.
Annual non-food inflation also rose from
1.62% in May 2014, to 1.67% in June 2014,
largely driven by education; housing, water,
electricity, gas and other fuels; alcoholic beverages and tobacco; and transport services
sub-categories.
Month-on-Month Inflation
Month-on-month inflation rate for June 2014
stood at -0.03% gaining 0.11 percentage
points, from -0.13% in May 2014, driven by
increases in both food and non-food inflation.
Month on month food inflation gained 0.18
percentage points from -0.30% in May 2014
to -0.12% in June 2014, mainly driven by
increases in the prices of bread and cereals;
meat; fish and sea food; milk, cheese and
eggs; and oils and fats.
Monthly non-food inflation for June 2014
stood at -0.02%, gaining 0.07% from the
May 2014 rate of -0.05%. The monthly nonfood inflation was driven by clothing and
footwear; furniture, household equipment
and maintenance; health; and miscellaneous
goods and services.
Inflation Outlook
In the medium to long term, developments in
the South African rand/US$ exchange rate,
international oil prices, the pricing of utilities
and the level of aggregate demand in the domestic economy will continue to influence
inflation developments.

NATIONAL
PAYMENTS
SYSTEM
DEVELOPMENTS

Zimbabwe Electronic Transfer Settlement
System (ZETSS)
The value of transactions processed through
the RTGS system in June 2014 increased by
9% to US$3.7 billion from US$3.4 billion in
May 2014 while the volume of transactions
registered a decline of 3% from 200 146 to
193 582 in the same period.
Card Systems
The total value of card based transactions
increased by 21.04% to US$361.25 million
in June 2014, from US$298.46 million in
May 2014.
Mobile and Internet Based Transactions
The value of mobile and internet based
transactions also increased by 44.61%, from
US$268.62
million
in
May

to
US$388.46 million in June 2014.
Cheques
The value of cheque transactions increased
to US$13.65 million in June 2014, from
US$12.42 million in May 2014.


Reserve Bank of Zimbabwe
July 2014

NOTES

STATISTICAL TABLES
CONTENTS

Table


. 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 15

2.2 Sectoral Analysis of Merchant Banks Loans and Advances

2.3 Sectoral Analysis of Merchant Acceptances

2.4 Sectoral Analysis of Commercial Banks Deposits

2.5 Sectoral Analysis of Merchant 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

STATISTICAL TABLES
CONTENTS

Table


. Commercial Banks


7.1 Assets

7.2 Liabilities

8. Accepting Houses


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

TABLE 1.1 : MONETARY AGGREGATES
US$ Thousands

June
July
August
September
October
November
December
January
February
March
April
May
June


RBZ Demand Deposits

Comm. Banks Dem. Deposits
1,874,568.0


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 56,223.1

Building Soc. U- 30 Day Deposits

M2


Comm. Banks O-30 Day Deposits

Merchant Banks O-30 Day Deposits 52,329.5

Building Soc. O- 30 Day Deposits

Building Soc. Other Share Deposits

P O S B Time Deposits

M3


TABLE 1.2 : BROAD MONEY SURVEY
US$ Thousands

June
July
August
September
October
November
December
January
February
March
April
May
June


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)


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

June
July
August
September
October
November
December
January
February
March
April
May
June


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 Enterpris

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


June
July
August
September
October
November
December
January
February
March
April
May
June


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)

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


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


US$ Thousands

TABLE 2.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES


US$ Thousands


AGRICULTURE
CONSTRUCTION
COMMUNICATION
DISTRIBUTION
FINANCIAL
&
FINANCIAL
MANUFACTURING
MINING
SERVICES
TRANSPORT
INDIVIDUALS
CONGLOMERATES/1
TOTAL
END OF


INVESTMENTS
ORGANISATIONS

JANUARY

FREBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY


FEBRUARY

MARCH

APRIL

MAY

JUNE

1. These are large corporation with business operations covering across a number of sectors.
TABLE 2.2 :SECTORAL ANALYSIS OF MERCHANT BANKS LOANS AND ADVANCES


US$ Thousands


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


INVESTMENT ORGANISATIONS

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE


TABLE 2.3 :SECTORAL ANALYSIS OF MERCHANT BANKS ACCEPTANCES


US$ Thousands


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


INVESTMENT ORGANISATIONS

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY


MARCH


TABLE 2.4 : SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS


US$ Thousands


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


INVESTMENTS
ORGANISATIONS

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE


TABLE 2.5 : SECTORAL ANALYSIS OF MERCHANT BANKS DEPOSITS


US$ Thousands


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


INVESTMENTS
ORGANISATIONS

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY


FEBRUARY

MARCH

APRIL

MAY

JUNE


TABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL
ARREARS) (WITH RBZ)


End Period

(US$ millions)


Long-Term External Debt


Government

Bilateral Creditors


Multilateral Creditors

Private Creditors

Public Enterprises

1,092
1,198
1,356
Bilateral Creditors

Multilateral Creditors

Private Creditors

Monetary Authorities

Multilateral Creditors - IMF

Private

1,002
Short-Term External Debt

1,198
1,382
1,289

1,564
Supplier's Credits

Reserve Bank

Private

Total External Debt


Gross Domestic Product

External Debt / GDP


SOURCE: Ministry of
Finance and Reserve Bank
of Zimbabwe

TABLE 4.1 LENDING RATES (percent per annum)1

Commercial Banks
Merchant Banks


Weighted Average Lending
Rates3

Weighted Average Lending
Rates3
End Period
Nominal
Lending
Rates2
Individuals
Corporate
Nominal
Lending
Rates2
Individuals
Corporate

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar


Notes


1. Table revised, to separate weighted lending rates for individuals and corporate bodies.
2. Nominal Lending Rates depict the range of rates quoted by banks.
3. Lending rates exclude rates on staff loans.


Apr

May

June


TABLE 4.2 : BANKS DEPOSIT RATES (percent per annum)1


COMMERCIAL BANKS
ACCEPTING HOUSES


END OF
SAVINGS
3 MONTHS
3 MONTHS

JANUARY
0.15-8.00
4.00-20.00
6.00-17.00
FEBRUARY
0.15-8.00
4.00-20.00
6.00-17.00
MARCH
0.15-8.00
4.00-20.00
8.00-12.00
APRIL
0.15-8.00
4.00-20.00
8.00-12.00
MAY
0.15-8.00
4.00-20.00
6.00-17.00
JUNE
0.15-8.00
4.00-20.00
6.00-17.00
JULY
0.15-8.00
3.00-20.00
6.00-17.00
AUGUST
0.15-8.00
3.00-20.00
6.00-17.00
SEPTEMBER
0.15-8.00
3.00-20.00
11.00-12.00
OCTOBER
0.15--8.00
3.00-20.00
11.00-12.00
NOVEMBER
0.15--8.00
3.00-20.00
11.00-12.00
DECEMBER
0.15--8.00
3.00-20.00
11.00-12.00

JANUARY
0.15--8.00
3.00-20.00
11.00-12.00
FEBRUARY
0.15--8.00
3.00-20.00
11.00-12.00
MARCH
0.15--8.00
3.00-20.00
11.00-12.00
APRIL
0.15--8.00
3.00-20.00
11.00-12.00


1.
The range of rates qouted by banks during the period.
2.
Three (3) months deposit rates revised to exclude rates on inactive or dormant
accounts.


MAY
0.15-8.00
3.00-20.00
11.00-12.00
JUNE
0.15-8.00
3.00-20.00
11.00-12.00

TABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
( DECEMBER 2012 = 100)
1. Source: ZIMSTATS. To reflect changing expenditure
patterns, ZIMSTAT introduced a revised CPI basket and
rebased CPI figures to December 2012=100.

NON-FOOD INFLATION
FOOD
INFLATION
ALL

ALCOHOLIC
BEVERAGES
CLOTHING
HSING,
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


OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE


TABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
(DECEMBER 2012 = 100)
1. Source: ZIMSTATS. To reflect changing expenditure
patterns, ZIMSTAT introduced a revised CPI basket and
rebased CPI figures to December 2012=100.

NON-FOOD INFLATION
FOOD
INFLATION
ALL

ALCOHOLIC BEVERAGES
CLOTHING
HSING,
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


SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE


TABLE 6 : SELECTED INTERNATIONAL EXCHANGE RATES


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

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY


1. Foreign currency per US Dollar.


2. US Dollar per unit of foreign currency.


JUNE


TABLE 7.1: COMMERCIAL BANKS - ASSETS


US$ Millions


Liquid Assets


Securities


Loans & Contingent
Other
Non Financial
Total
End of
Notes


Total
Other Balances
Advances
Assets
Assets
Assets
Assets

&
Balances
Balances
Balances


Liquid
with RBZ


Coin
with
with Other
at
Trade
Treasury Agric 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


TABLE 7.2: COMMERCIAL BANKS - LIABILITIES
US$ Millions


Deposits


Amounts Owing to
Capital
Contingent
Other
Total
Of which


and
Liabilities Liabilities Liabilities Liabilities
to the
End of
Demand
Savings and
Short-term
Long-term
Total
Foreign
Liabilities
RBZ
Other Banks Reserves


Public


Deposits

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun


TABLE 8.1 : ACCEPTING HOUSES - ASSETS
US$ Millions


Liquid Assets


Loans & Contingent
Other
Non Financial
Total
End of
Notes


Total
Other
Balances Advances
Assets
Assets
Assets
Assets

&
Balances Balances Balances


Liquid
with RBZ


Coin
with
with Other
at
Trade
Treasury
Assets


at Banks
RBZ
Banks
Foreign
Banks
Bills
Bills

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun


TABLE 8.2 : ACCEPTING HOUSES - LIABILITIES
US$ Millions


Of which


Deposits


Amounts Owing to
Capital
Contingent
Other
Total
Liabilities to the


and
Liabilities
Liabilities
Liabilities
Public
End of Demand Savings and
Short-term
Long-term
Total
Foreign
Liabilities
RBZ
Other
Banks
Reserves


Deposits

May

‐99.4

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May


Jun


TABLE 9.1 : BUILDING SOCIETIES - ASSETS
US$ Millions


Liquid Assets


Notes
Balances
Trade
Treasury
Total
Mortgage
Other
Other
Non Financial
Total
End of
&
with Other
Bills
Bills
Liquid
Advances
Advances
Assets
Assets
Assets

Coin
Banks


Assets


at Banks

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May


Jun


TABLE 9.2 : BUILDING SOCIETIES - LIABILITIES
US$ Millions


Of which

Deposits
Capital
Other
Total
Liabilities to the


and
Liabilities
Liabilities
Public
End of
Savings and
Short-term
Long-term
Total
Reserves


Deposits

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May


Jun


Table 10: ZIMBABWE STOCK MARKET STATISTICS


Indices
US$ Millions

Industrial
Mining
Market Capitalisation

Oct
154.47
93.66
4,033,76
Nov
150.16
68.74
3,890.9
Dec
152.40
65.12
3,963.50

Jan
179.34
84.07
4,700.33
Feb
182.3
72.01
4,748.24
Mar
183.88
66.21
4,726.34
Apr
189.66
71.98
4,894.68
May
212.72
73.99
5,471.22
Jun
211.19
73.29
5,436.57
Jul
232.87
66.77
5,9136.78
Aug
181.67
48.73
4,682.27
Sep
200.05
49.90
5,157.20
Oct
209.74
52.68
5,407.42
Nov
213.04
47.02
5,482.03
Dec
202.12
45.79
5,203.13

Jan
189.25
35.40
4,882.11
Feb
189.45
39.24
4,906.94
Mar
176.32
29.51
4,560.29
Apr
172.91
29.64
4,473.51
May
174.89
35.45
4,485.11


Source: Zimbabwe Stock Exchange (ZSE)

Jun
186.57
61.32
4,873.40

TABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS


US$ Millions


Commercial
Merchant

Building

End of
Banks
Banks
Other/2
Societies
TOTAL

January

February

March

April

May

June

July

August

September

October

November

December


1/ Comprises all deposits other than demand deposits.
2/ Includes People’s Own Savings Bank (POSB).

January

February

March

April

May

June


TABLE 12 : ANALYSIS OF LIQUID ASSETS OF MONETARY BANKS


US$ Millions


Commercial Banks
Accepting Houses


Liquid
Prescribed
Excess
Liquid
Prescribed
Excess

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

January

February

March

April

May

June

July

August

September

October

November

December


1/ With effect from May 2012, the prescribed liquid asset ratio was reviewed to 30% of liabilities to the public.

January

February

March

April

May

June


TABLE 13.1 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY
Values of Transactions (US$ in 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

June


TABLE 13.2 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY
Volumes of Transactions (in thousands)
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

34.25