Getbucks’ deposits fall

GETBUCKS Microfinance Bank (Getbucks) says customer deposits declined by 53 percent to $66 million during the half-year ended June 30, 2021, mostly due to the low interest rates offered on sureties over the period. The deposit taking microfinance bank hopes some policies adopted by the central bank to encourage banks to pay higher rates for…

Subscribe to read full article. Subscribe today

Related posts

Simbisa intensifies cost optimisation

Non-funded income bolsters InnBucks

Tanganda to improve oil plant throughput

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