Money, credit & banking: every series

Narrow money is currency in circulation plus deposits that can be spent on demand; adding savings, time and foreign-currency deposits gives broad money. The dollarization ratio is the share held in foreign currency. The monetary base is the central bank’s own money: currency plus the reserves banks hold with it.

MMA calls this: Money supply

The other side of the banking system’s balance sheet: what broad money is backed by. Net foreign assets are foreign-currency holdings less foreign liabilities; net domestic assets are mainly lending to the government and to the private sector. Rising claims on government mean the banking system is financing more of the deficit.

MMA calls this: Sources of money

Loans and advances outstanding from banks and other lenders, by the industry of the borrower. It shows where credit is concentrated and which activities are borrowing more.

MMA calls this: Bank lending by sector

The rates the central bank sets (its policy rate, the reserve requirements and its standing facilities) and the average rates commercial banks charge on loans in rufiyaa and in foreign currency.

MMA calls this: Interest and policy rates

The standard international indicators of bank health. Capital ratios measure the cushion against losses; the non-performing loan ratio is the share of lending in arrears; provisions show how much of that is already covered; return on assets and equity measure profitability; liquidity ratios measure the ability to meet withdrawals.

MMA calls this: Banking soundness