Please use this identifier to cite or link to this item: http://hdl.handle.net/11189/5177
Title: The effects of shadow banking on the traditional banking system in Zimbabwe
Authors: Mugobo, Virimai Victor 
Mutize, Misheck 
Keywords: Financial Intermediaries;Substitutes;Monetary aggregates;Threat;Formal banking;Shadow banks
Issue Date: 2015
Publisher: Virtus interpress
Source: Mugobo, V and Mutize, M.,2015. The effects of shadow banking on the traditional banking system in Zimbabwe, Journal of Governance and Regulation, 4(4): 605 – 611, December.
Abstract: The growth of shadow banks changed the face of banking in Zimbabwe. Their inconsistent product nature and complexity of form has been a cause for concern to regulatory authorities. The interrelationship between their financial intermediary role and that of formal banks has made them good substitutes to formal banking. This study conducts a statistical analysis of the country’s monetary aggregates and the total formal bank loan-to-deposits balances. The findings of this analysis show that the shadow banking system has always been a critical element of the formal banking sector which resulted from market needs and it completes the banking system. The shadow banking system does not pose direct threat to the formal banking system but it was a result of failure to attract savers who found shadow banks as a good alternative.
URI: http://hdl.handle.net/11189/5177
http://www.virtusinterpress.org/THE-EFFECTS-OF-SHADOW-BANKING-ON.html
Appears in Collections:BUS - Journal Articles (DHET subsidised)
Dr. Virimai Victor Mugobo

Files in This Item:
File Description SizeFormat 
Mugobo_Virimai_Mutize_Misheck_Bus_2015.pdf.Main Article321.89 kBAdobe PDFView/Open
Show full item record

Page view(s)

22
Last Week
0
Last month
0
checked on Feb 20, 2019

Download(s)

27
checked on Feb 20, 2019

Google ScholarTM

Check


This item is licensed under a Creative Commons License Creative Commons