MONTHLY ECONOMIC REVIEW
OCTOBER 2013
Selected Economic Indicators

Stock Market Developments

Inflation

National Payments System

Statistical Tables

Monetary Developments

INSIDE THIS ISSUE:

PAGE
SELECTED ECONOMIC INDICATORS

September

October
Z.S.E. Mining Index1
49.90
52.68
Z.S.E. Industrial Index1
200.05
209.74
Money Supply (Total Bank Deposits) (US$)2
3.91 billion
3.95 billion
Money Supply (M3) Annual Growth2
4.89%
3.16%
Yearly Inflation3
0.86%
0.59%
Sources:
1 Zimbabwe Stock Exchange
2 Reserve Bank of Zimbabwe
3 ZIMSTAT


Month on
Month
Change


STOCK MARKET DEVELOPMENTS

The Zimbabwe Stock Exchange (ZSE) was
characterized by mixed trading in October
2013, following some recovery in September
2013. The stock market closed the month
subdued, notwithstanding trading during the
first half of the month.

At the beginning of the month, there was a
special bargain in Dawn Properties, where
294 million shares were traded. As a result,
the volume of shares traded increased by
386.66%, from 123.9 million shares in
September 2013 to 602.97 million shares in
October 2013. Correspondingly, the value of
shares traded also increased by 18.33% to
US$44.58 million.

The slowdown in trading from mid-October
to the end of the month, resulted in losses on
some
heavily
capitalized
counters.
Consequently, the industrial index closed the
month at 209.74 points, after reaching a high
of 214.90 points in mid-October. This,
however, translated into a month-on-month
gain of 4.84%, from 200.05 points at the end
of September 2013. Over the same period,
the mining index increased by 4.75% to
close the month at 52.68 points. On a
year-on-year basis, the industrial index
gained 35.78%, from 154.47 points in
October 2012, whilst the mining index lost
43.75%, from 93.66 points in October 2012.

Trading on the local bourse continued to be
dominated by foreign investors. Purchases


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

29-Feb-12
29-Mar-12
29-Apr-12
29-May-12
29-Jun-12
29-Jul-12
29-Aug-12
29-Sep-12
29-Oct-12
29-Nov-12
29-Dec-12
29-Jan-13
01-Mar-13
01-Apr-13
01-May-13
01-Jun-13
01-Jul-13
01-Aug-13
01-Sep-13
01-Oct-13
ZSE Indices
Industrial
Mining

2 4
by foreign investors amounted to US$26.37
million in October 2013, compared to
US$23.04 million in September 2013. Over
the same period, sales by foreign investors
increased to US$24.62 million in October
2013, from US$16.83 million in September
2013.

Market capitalization increased by 4.85%,
from US$5.16 billion in September 2013 to
$5.41 billion in October 2013.
MONETARY DEVELOPMENTS

Broad money recorded an annual increase of
3.16% in October 2013, which was a decline
of 1.73 percentage points from 4.89% in
September 2013. The slowdown in annual
broad money growth reflects subdued
economic activity, partly due to the
persistent liquidity shortages.

On a month-on-month basis, however,
broad money increased by US$41.02
million (1.1%) to US$3 951.68 million in
October 2013. The monthly increase was on
the back of expansions of US$69.20 million
in over 30-day deposits and US$21.20
million
in
demand
deposits.
Partially
offsetting these increases were declines of
US$30.29 million and US$19.08 million in
savings
and
under
30-day
deposits,
respectively.

The fragile growth in deposits continues to


Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
US$ Billions
%
Money Supply
M3
M3 Annual Growth
2012 2013
Under 30day
20.5%
Longterm
15.5%
Demand
52.7%
Savings
11.3%
Banking Sector Deposits
October 2013

3 5
mirror the country’s constrained balance of
payments position. Since the adoption of the
multicurrency system, liquidity levels have
for only 7.35% of total domestic credit. This
largely reflected the Government’s usage of
the cash budgeting system with minimal
issuance of Treasury bills and other securities.

Outstanding credit to the private sector
amounted to US$3 720.11 million, from
US$3 717.87 million recorded in September
2013.

Claims on the private sector were in the form
of loans and advances, 83.52%; mortgages
advanced by building societies, 9.63%; bills
discounted, 3.18%; bankers’ acceptances,
1.51%; and other investments, 2.16%.

Loans and advances were in respect of the
agriculture (17.9%), distribution (17.0%) and
manufacturing (15.5%) activities. Households
accounted for 17.4% of total loans and
advances
to
the
private
sector.
The
distribution of loans extended by banks shows
that lending has been skewed towards high
turnover sectors.

Credit to the private sector was mainly
utilized for other recurrent expenditures
(41%); inventory and stocks build up (34.7%);
capital
expenditures
(12.5%);
consumer
durables (10.6%); and pre and post shipment
financing (1.23%).


INFLATION DEVELOPMENTS

Annual Inflation

Annual headline inflation declined further to
0.59% in the month of October 2013, from
been largely influenced by the performance
of the external sector.

Annual growth in domestic credit recovered
to 16.5% in October, from 15.5% in
September 2013. On a month-on-month
basis, domestic credit grew by 1.8%, to
US$4 079.2 million in the month under
review.

The banking sector channeled its credit
largely to private sector enterprises, which
accounted for 91.2% of total domestic
credit. Net credit to Government accounted
Loans and
Advances
84%
Bills
Discounted
3%
Bankers
Acceptance
s
1%
Mortgages
10%
Other
Investmen
ts
2%
Credit to Private Sector
Total credit to the private sector as at the end of October
2013 was US$3 720.1million.

0.86% in September 2013. This was on
account of declines recorded in both food and
non food inflation.

Annual food inflation slowed down to
-0.74% in October 2013, from -0.32% in
September, following decreases in prices of
meat; vegetables; sugar, jam, honey and
chocolate; milk, cheese and eggs; mineral
water and soft drinks; and fruits.

The decline in prices of meat and eggs partly
reflected a rise in the production of pork,
chickens and eggs in the domestic economy.

Annual non-food inflation decelerated to
1.25% in October, from 1.45% in September
2013, on the back of declines in the prices of
furniture
and
equipment
as
well
as
communication,
recreation
and
cultural
services.

Month-on-Month Inflation

Month-on-month inflation stood at -0.01% in
October
2013,
down
from
0.05%
in
September 2013, largely reflecting declines
in prices of non food items.

Monthly food prices accelerated by 0.22
percentage points to 0.04% in October 2013,
from -0.18% in September 2013, on the
back of increases in bread and cereals, meat,
oil and fats, vegetables, and mineral waters,
soft drinks, fruit and vegetable juices.

Monthly
non-food
inflation,
however,
slowed down to -0.04% in October, from
0.17% in September 2013, on account of
declines in the prices of furniture and
equipment; transport; electricity, gas and
other fuels; clothing; and communication,
recreational and cultural services.

Inflation Outlook

Inflation developments in the domestic
economy will continue to be weighed down
by developments in the international oil
-2
-1

Sep-11
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Annual Inflation
(%)
Headline Inflation
Food
Non Food

prices, US$/rand exchange rate, world food
prices, as well as the level of aggregate
demand, in the short to medium term.


NATIONAL
PAYMENTS
SYSTEM
DEVELOPMENTS

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

The value of transactions processed through
the Real Time Gross Settlement (RTGS)
system in October 2013 increased by 7% to
US$3.642 billion, from US$3.409 billion in
September 2013 while the volume of
transactions also registered an increase of
6%, from 201 226 to 212 663 in the same
period.

Card Systems

The total value of card based transactions
increased by 5.47%, to US$328.06 million in
October from US$310.85 million in
September 2013.
Mobile and Internet Based Transactions

The value of mobile and internet based
transactions also firmed by 13.41%, from
US$315.45
million
in
September
to
US$357.77 million in October 2013.
Cheques

The value of cheque transactions increased
from US$13.34 million in September 2013 to
US$13.75 million in October 2013.


Sep-11
Dec-11
Mar-12
Jun-12
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Value in US$ Billions
Volume in Thousands
ZETSS Volumes and Values
Value
Volume
Reserve Bank of Zimbabwe
November 2013

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

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


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


TABLE 1.2 : BROAD MONEY SURVEY
US$ Thousands

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


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)


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.

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


NET FOREIGN ASSETS


Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs) \1
3,891.00
7,861.20


Liabilities \2

RBZ

DMBs

OBIs


NET DOMESTIC ASSETS \3

DOMESTIC CREDIT

Claims on Government (net)

RBZ

DMBs

OBIs
1,233.60


Claims on Public Enterpris

RBZ


DMBs

Agri-PEs
-4,773.80
-4,774.80


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


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


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


OCTOBER


-6,350.4

137,719.1


3.6%
16.5%
10.3%


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


$ 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

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FREBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

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

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST


SEPTEMBER

OCTOBER


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

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER


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

MARCH


APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER


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


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


End Period

(US$ millions)


Long-Term External Debt


6,101


Government


4,315
Bilateral Creditors


2,481
Multilateral Creditors


1,834
Private Creditors

Public Enterprises

1,139
Bilateral Creditors

Multilateral Creditors

Private Creditors

Monetary Authorities

Multilateral Creditors - IMF

Private

Short-Term External Debt

Supplier's Credits

Reserve Bank

Private

Total External Debt/1


7,160


Gross Domestic Product


8,865
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

Jun


Jul


Aug


Sep


Oct


Nov


Dec


Jan


Feb


Mar


Apr


May


Jun


Jul


Aug


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.


Sep


Oct


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


COMMERCIAL BANKS
ACCEPTING HOUSES


END OF
SAVINGS
3 MONTHS
3 MONTHS

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
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
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


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.


OCTOBER
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


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER


TABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
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


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER


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

JUNE


1. Foreign currency per US Dollar.


2. US Dollar per unit of foreign currency.

MARCH

APRIL

MAY


JULY

AUGUST

SEPTEMBER

OCTOBER


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

Mar

Apr


May

Jun

Jul

Aug.

Sep

Oct


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

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug


Sep

Oct


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

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep


Oct


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

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


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

Mar


Apr

May

Jun

Jul

Aug

Sep

Oct


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


Table 10: ZIMBABWE STOCK MARKET STATISTICS


Indices
US$ Millions

Industrial
Mining
Market Capitalisation

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

Jan
179.34
84.07
4,700.33
Feb
182.3
72.01
4,748.24
Mar
183.88
66.21
4,726.34


Source: Zimbabwe Stock Exchange (ZSE)

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

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


January

February

March


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


April

May

June

July

August

September

October


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


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

July

August

September

October


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

Jun

Jul

Aug


Sep

Oct


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

Jul

Aug


Sep

Oct

48.59