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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.
Appears in Collections:BUS - Journal Articles (DHET subsidised)
Dr. Virimai Victor Mugobo

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