MONTHLY ECONOMIC REVIEW
FEBRUARY 2013
Selected Economic Indicators

Stock Market Developments

Inflation

National Payments System

Statistical Tables

Monetary Developments

INSIDE THIS ISSUE:

PAGE
SELECTED ECONOMIC INDICATORS

January

February
Z.S.E. Mining Index1
84.07
72.01
Z.S.E. Industrial Index1
179.34
182.64
Money Supply (Total Bank Deposits) (US$)2
3.81 billion
3.81 billion
Money Supply (M3) Annual Growth2
21.09%
12.91%
Yearly Inflation3
2.51%
2.98%
Sources:
1 Zimbabwe Stock Exchange
2 Reserve Bank of Zimbabwe
3 ZIMSTAT


STOCK MARKET DEVELOPMENTS

The rally witnessed on the Zimbabwe Stock
Exchange (ZSE), in January 2013 faltered
during the month of February. This was
partly due to some investors cashing in the
gains already made in the first month of the
year.

Trading volumes in February 2013 increased
marginally by 0.4%, from 166.4 million
shares in the previous month to 165.8 million
shares. Over the same period last year, trading volumes were recorded at 255.2 million
shares, representing a 26.4% decline on a
year-on-year basis.

Despite the marginal decline in trading volumes, market turnover for February 2013
rose to US$46 million, from US$36.8 million in January. On an annual basis, market
turnover registered a growth of 48.5%, from
US$31 million in February 2012.

Partly reflecting profit taking, net foreign
purchases registered a monthly decline of
27.1% from US$16.6 million in January to
US$12.1 million February 2013. However,
both foreign purchases and sales were higher
in February, at US$29.7 million and
US$17.6 million, as compared to January’s
US$24.9 million and US$8.9 million.

The above developments resulted in the industrial index gaining 1.8% to end the month
at 182.3 points, largely sustained by high
demand on blue chip counters. On a year-todate basis, the industrial index gained an impressive 20.7%.

Following challenges at some of the mining
houses, the mining index lost 14.3%, from
84.07 points in January to 72.01 points in
February 2013. On a year-to-date basis,
however, the mining index gained 8.6%.

The above developments maintained the total market capitalization for the ZSE at
US$4.7 billion. The outlook for the ZSE will

2 3

Values Traded (US$ Millions)
Volumes Traded (Millions)
ZSE: Daily Volumes and Values Traded
Volumes
Turnover

2 4
continue to be affected by liquidity constraints in the economy, as reflected by the
low trading volumes.

MONETARY DEVELOPMENTS

The slowdown in the annual growth in
money supply continued in February 2013.
The development, partially reflects economic
activity which has plateaued. On an annual
basis, broad money grew by 12.84% in February 2013, a decline of 8.25 percentage
points from 21.09% recorded in January
2013.

The growth was on the back of surges in over
30-days deposits, 91.40%; savings deposits,
22.24%;
and
under
30-days
deposits,
17.08%. Demand deposits, the dominant
component of money supply, however, recorded an annual decline of 1.71%.

On a month on month basis, broad money
grew by 0.14%, from US$3 808.4 million in
January to US$3 813.6 million in February
2013. The growth came after a decline of
2%, from US$3 886.7 million in December
2012 to US$3 808.4 million in January
2013.

The month on month growth, was driven by
expansions of 8.51% in under 30-day deposits and 2.36% in savings deposits. Partially
offsetting these growths were declines in
over 30-day deposits, 3.08%; and demand
deposits, 2.62%.


Feb
Apr
Jun
Aug
Oct
Dec
Feb
Apr
Jun
Aug
Oct
Dec
Feb
US$ Billions
%
Money Supply
M3
M3 Growth

ZSE Indices
Industrial
Mining

3 5
Credit to the private sector, however, continued to be short term in nature and largely
channeled towards recurrent expenditures,
partly owing to high credit and liquidity
risks in the economy. The absence of a well
functioning money market also continues to
constrain the banks’ lending activities.


Demand
51.9%
Under 30day
22.3%
Savings
10.9%
Long
term
14.8%
Banking Sector Deposits
February 2013
Loans and
Advances
84.2%
Bills
Discounted
3.4%
Bankers
Acceptance
s
1.1%
Mortgages
8.2%
Other
Investments
3.1%
Credit to Private Sector
Total credit to the private sector as at the end of
February 2013 was US$3 574.9million.
Domestic credit recorded an annual growth
of 34.09% in February 2013, a decline of
1.27 percentage points, from 35.36% recorded in January. The growth was underpinned by a 28.8% increase in credit to the
private sector, from US$2 776.2 million in
February 2012 to US$3 574.9 million in
February 2013.


As at February 2013, loans and advances accessed at banks by economic agents were utilised in paying for recurrent expenditures,
78.2%; capital expenditures, 11.2%; and purchase of durable household goods, 10.6%.

Financing by banks mainly benefited the agricultural sector, 19.1%; distribution, 17.1%;
manufacturing,
16.8%;
and
households,
14.8%. Mining and construction industries,
which require long term financing, accessed
only 7.5% and 1.9% of the cumulative credit
to the private sector.

INFLATION DEVELOPMENTS

Annual Inflation
The downward trend in headline inflation
was reversed in February 2013, where annual
headline inflation surged from 2.51% in
January 2013 to 2.98% in February 2013.
Annual food inflation increased from 3.72%
in January 2013 to 4.67% in February 2013,
mainly driven by the rise in the price of cereals. Non-food inflation also rose from 1.91%

Dec-10
Feb-11
Apr-11
Jun-11
Aug-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Annual Inflation
(%)
Headline Inflation
Food
Non Food
in January 2013 to 2.19% in February 2013,
.reflecting the impact of administered prices
such as rates for water, refuse and sewerage
collection.

Month-on-Month Inflation

Month on month inflation increased significantly, on the back of increases in food,
fuel, rates and clothing prices. Month on
month inflation increased from 0.07% in
January 2013 to 0.95% in February 2013.
Monthly food inflation surged from 0.32%
in January 2013, to 1.4% in February 2013.
The elevated monthly food inflation for
February 2013, reflected increases in the
prices of bread and cereals, as well as fish.
Monthly non-food inflation also increased
from -0.06% in January 2013 to 0.72% in
February 2013, mainly driven by transport
inflation due to increases in fuel prices.
The increase in fuel prices, which were effected on the 11th February 2013, were
driven by increases in international prices as
well as challenges in logistics in transporting fuel into the country. Pump prices, however, had declined by the end of February
2013.
The review of excise duty by 5 percentage
points, from 20% to 25% and 25% to 30%

for diesel and petrol, respectively, however,
increased pump prices by an average of 3
cents to 5 cents, effective 8th March 2013.
Taking the CPI weight for fuel of 1.6%, the
impact of the upward review in excise duty is
likely to be minimal, with the first round and
direct impact on inflation estimated at
0.05%. The second round effect which is
transmitted through the distribution and production costs, will be felt in the next 2 to 3
months.
Inflation Outlook
Barring
significant
external
exogenous
shocks to the economy, particularly emanating from international oil prices, world food
prices and the US$/rand exchange rate, the
domestic inflation is expected to remain stable in the medium to long term.
NATIONAL
PAYMENTS
SYSTEM
DEVELOPMENTS

During the month of February 2013, there
was a significant decrease in the RTGS transactions in value terms. Other payment platforms registered mixed developments.
Zimbabwe Electronic Transfer Settlement
System (ZETSS)
The value of transactions processed through
the RTGS system decreased from US$3
563.8 million in January 2013 to US$2 968.0
million in February 2013, representing a decline of 16.7%. Over the same period, the volume of transactions processed through the
RTGS system also declined by 1%.
Card Systems


The total value of card based transactions
rose by 2.4%, from US$254.4 million in January to US$260.5 million in February 2013.
Mobile and Internet Based Transactions


The total value of mobile and internet based
transactions decreased by 2.9% to US$199.3


Jul-11
Sep-11
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Value in US$ Billions
Volume in Thounsands
ZETSS Volumes and Values
Volume
Value

million in February 2013, from US$205.2 million recorded in January 2013.
Cheques

The total value of cheque transactions increased
by 5.8%, from US$5.2 million in January 2013
to US$5.5 million in February 2013.


Reserve Bank of Zimbabwe
April 2013

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

TABLE 1.1 : MONETARY AGGREGATES
US$ Thousands

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


RBZ Demand Deposits

Comm. Banks Dem.
Deposits

Merchant Banks Dem.
Deposits

Total Demand


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

Total Savings and Short
term


Comm. Banks O-30 Day
Deposits

Merchant Banks O-30
Day Deposits

Building Soc. O- 30 Day
Deposits

Building Soc. Class C
Deposits

Building Soc. Other
Share Deposits

P O S B Time Deposits

Total Long term

Grand Total


TABLE 1.2 : BROAD MONEY SURVEY
US$ Thousands

FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY


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

203.6
223.8
203.6


Claims on Public Enterprises


RBZ

DMBs


Agri-PEs

Other


OBIs

Claims on Private Sector


RBZ


DMBs


OBIs


OTHER ITEMS (NET)


BROAD MONEY (M3)


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

FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY


NET FOREIGN


Assets

Reserve Bank

Deposit
Money Banks
(DMBs)

Other
Banking Institutions
(OBIs) \1


-9,229.80
4,084.65
Liabilities \2

RBZ

DMBs

OBIs
-869.4


NET DOMESTIC

DOMESTIC

Claims on

RBZ
123.6
-6.7


DMBs


OBIs


1,233.60

-1,000.00

Claims on Public

RBZ

DMBs

Agri-PEs

-1
-1


Other

OBIs

Claims on

RBZ


DMBs

OBIs


OTHER ITEMS


BROAD MONEY

GROWTH RATES


Broad Money

Domestic Credit

Claims on


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


$ Thousands

FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY


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

203.6
223.8
203.6


Claims on Public Enterprises

RBZ

DMBs

Agri-PEs
-2,338.30
-2,339.30
-252.3

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 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

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FREBRUARY

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

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY


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


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

JANUARY

FEBRUARY

MARCH

263’552.7

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY


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


TABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS BUT EXCLUDING PENALTIES)


End Period

(US$ millions)


Long-Term External Debt


Government

Bilateral Creditors


Multilateral Creditors

Private Creditors

Public Enterprises

Bilateral Creditors

Multilateral Creditors

Private Creditors

Monetary Authorities

Multilateral Creditors - IMF

Private

Short-Term External Debt

1,348
2,040
Supplier's Credits

Reserve Bank

1,300
Private

Total External Debt/1


Gross Domestic Product

External Debt / GDP

/1 Total external debt excludes penalties


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

Mar


Apr


May


Jun


Jul


Aug


Sep


Oct


Nov


Feb


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.
Dec


Jan


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


COMMERCIAL BANKS
ACCEPTING HOUSES


END OF
SAVINGS
3 MONTHS
3 MONTHS

JANUARY
0.05-2.00
0.50-18.00
10.00-17.00
FEBRUARY
0.05-2.00
0.50-18.00
10.00-17.00
MARCH
0.05-2.00
0.50-16.00
10.00-17.00
APRIL
0.35-6.00
0.15-17.00
10.00-17.00
MAY
0.30-5.00
0.15-17.00
10.00-17.00
JUNE
0.15-5.00
0.15-17.00
10.00-17.00
JULY
0.15-5.00
0.10-17.00
10.00-17.00
AUGUST
0.15-5.00
0.10-17.00
11.00-17.00
SEPTEMBER
0.15-5.00
0.10-17.00
10.00-17.00
OCTOBER
0.15-5.00
0.10-17.00
10.00-17.00
NOVEMBER
0.15-5.00
0.10-17.00
10.00-17.00
DECEMBER
0.15-5.00
0.10-18.00
10.00-17.00


20122


JANUARY
0.15-5.00
5.00-18.00
10.00-17.00
FEBRUARY
0.15-5.00
5.00-18.00
10.00-17.00
MARCH
0.01-12.00
5.00-20.00
7.00-17.00
APRIL
0.00-12.00
5.00-20.00
8.00-17.00
MAY
0.00-12.00
5.00-20.00
6.00-17.00
FEBRUARY
0.15-8.00
4.00-20.00
6.00-17.00


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.


JUNE
0.00-12.00
5.00-20.00
6.00-17.00
JULY
0.00-12.00
5.00-20.00
6.00-17.00
AUGUST
0.00-12.00
5.00-20.00
6.00-17.00
SEPTEMBER
0.00-12.00
5.00-20.00
6.00-17.00
OCTOBER
0.00-12.00
5.00-20.00
6.00-17.00
NOVEMBER
0.15-8.00
4.00-20.00
6.00-17.00
DECEMBER
0.15-8.00
4.00-20.00
6.00-17.00

JANUARY
0.15-8.00
4.00-20.00
6.00-17.00

TABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
( 2012 = 100)
1. Source: ZIMSTATS

NON-FOOD INFLATION
FOOD
INFLATION
ALL

ALCOHOLIC
BEVERAGES
CLOTHING
HSING,
WATER,
FURNITURE FURNISH, HSE HEALTH TRANSPORT
COMMUNICATION
RECREATION & EDUCATION
RESTAURANTS &
MISC.
TOTAL
NON
FOOD &
ITEMS

& TOBACCO
FOOTWEAR
ELECTRICTY,
GAS
AND
EQUIP AND
ROUTINE


CULTURE

HOTELS
GOODS &
FOOD
NON
ALCOHOLIC
BEVERAGES


& OTHER
EQUIPMENT
MAINTENANCE


SERVICES


FUELS


WEIGHTS


JANUARY

FEBRUARY


TABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
(2012 = 100)
1. Source: ZIMSTATS

NON-FOOD INFLATION
FOOD
INFLATION
ALL

ALCOHOLIC
BEVERAGES
CLOTHING
HSING,
WATER,
FURNITURE
FURNISH,
HSE
HEALTH
TRANSPORT
COMMUNICATION
RECREATION &
EDUCATION
RESTAURANTS &
MISC.
TOTAL
NON
FOOD &
ITEMS

& TOBACCO
FOOTWEAR
ELECTRICTY, GAS
AND
EQUIP AND
ROUTINE


CULTURE
HOTELS
GOODS &
FOOD
NON ALCOHOLIC
BEVERAGES


& OTHER
EQUIPMENT
MAINTENANCE


SERVICES


FUELS


WEIGHTS


JANUARY

FEBRUARY


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


1. Foreign currency per US Dollar.


2. US Dollar per unit of foreign currency.

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 331.2

Sep

Oct

Nov

Dec


Jan

Feb


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

Feb


Jan


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

Jan

Feb

Mar

Apr

May

June

Jul

Aug

Sep

Oct

Nov

Dec

Feb
4.7
1.5
18.4


Jan


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

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Feb


Jan


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

Feb


Jan


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


Table 10: ZIMBABWE STOCK MARKET STATISTICS


Indices
US$ Millions

Industrial
Mining
Market Capitalisation

May
163.37
197.37
4,191.00
Jun
167.18
171.32
4,267.14
Jul
163.69
160.17
4,172.70
Aug
160.53
164.52
4,145.36
Sep
155.82
152.42
3,984.47
Oct
143.58
131.75
3,656.60
Nov
144.98
115.47
3,677.60
Dec
145.86
100.70
3,689.70

Jan
138.52
79.09
3,422.20
Feb
146.03
95.39
3,696.60
Mar
136.76
85.01
3,458.10
Apr
129.55
97.15
3,303.40
May
132.03
83.73
3,351.20
Jun
131.96
75.70
3,341.46
Jul
132.92
112.12
3,445.93
Aug
132.27
89.04
3,434.00
Sep
146.00
96.00
3,822.80
Oct
154.47
93.66
4,033,76
Nov
150.16
68.74
3,890.9
Dec
152.40
65.12
3,963.50
Feb
182.3
72.01
4,748.24


Source: Zimbabwe Stock Exchange (ZSE)

Jan
179.34
84.07
4,700.33

TABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS


US$ Millions


Commercial
Merchant

Building

End of
Banks
Banks
Other/2
Societies
TOTAL

May

June

July

August

September

October

November

December


January

February

March

April

May

June

July

August

September

October

November

December


February


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

January


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


January

February

March

April

May

June

July

Aug

September

February


1/ With effect from 1 August 2010, the prescribed liquid asset ratio was reviewed from 10% to 20% of liabilities to the public.
October

November

December


January


TABLE 13 : ZETSS, CHEQUES AND CARDS ACTIVITY.
US$ Millions
MONTH
ZETSS VALUES
CHEQUE VALUES
CARD VALUES
MOBILE & INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Annual Total

Feb


Jan
3,563.8
5.2
254.4
205.2