South Africa Money and Credit Market Trends & Forecasts (Quarterly Report)
The Quantec Money and Credit Market Trends and Forecasts report, is a Quarterly overview of the movement of money market interest rates, liquidity operations and movements, as well as money supply and credit growth trends. Recent trends of the lending by monetary institutions are shown and forecasts provided for selected balance sheet items of the banking sector. The report includes an appendix describing the working of the SARB’s monetary policy transmission mechanism.
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The actual daily liquidity requirement of private sector banks varied between R49.0 billion and R67.4 billion in the second quarter of 2018, much wider than the range of between R52.3 billion and R61.6 billion in the first quarter of the year.
Overall funding conditions in the market for interbank lending remained fairly stable between October 2017 and February 2018, with rates only on occasion exceeding the standing facility limits.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za..
Domestic money market rates initially edged lower after the reduction in the repurchase rate in July 2017, in line with moderate inflation outcomes and the appreciation in the exchange value of the rand at the time.
Consumer confidence remained weak amid continued concern about households’ finances, which contributed to the subdued demand for credit.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za..
Consumer confidence remained weak amid continued concern about households’ finances, contributing to subdued demand for credit.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za..
Despite a challenging business environment over the past two years, credit demand by the corporate sector has been strong, contributing more than 70% to the growth in total loans and advances during this period.
