Pressure on banks’ margins remains

THE Bankers Association of Zimbabwe (BAZ) says banks’ profit margins will continue to be under pressure from inflation after the central bank governor John Mangudya did not liberalise interest rates in his monetary policy statement (MPS) last week. Lending rates are currently capped at 12 percent, which analysts say when contrasted against an inflation rate…

Subscribe to read full article. Subscribe today

Related posts

Sole ZiG use push flatlining: Analysts

Industrialisation Indaba set for next week

‘Promote dual listings to curb ZSE exits’

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More