President: Bankers Association of Zimbabwe Banking Sector Overview Presentation by Webster Rusere President: Bankers Association of Zimbabwe

The Banking Sector in Zimbabwe

ROLE OF BANKING SECTOR IN THE ECONOMY Credit Provision Liquidity Provision Risk Management Services Remittance of Money Financial Intermediation

Credit Provision Credit fuels economic activity by allowing businesses to invest beyond their cash on hand, households to purchase homes without saving the entire cost in advance, and governments to smooth out their spending by mitigating the cyclical pattern of tax revenues and to invest in infrastructure projects

Distribution of Credit

Liquidity Provision Banks are the main direct providers of liquidity, both through offering demand deposits that can be withdrawn any time and by offering lines of credit. Further, banks and their affiliates are at the core of the financial markets, offering to buy and sell securities and related products at need, in large volumes, with relatively modest transaction costs

THANK YOU