Banks urged to prioritise productive sector lending

POSB chief executive Garainashe Changunda

LOCAL financial institutions should prioritise lending to productive sectors of the economy to increase output and stimulate exports to boost foreign currency reserves, trade experts have said.Advertisements This came out at the POSB Exports Seminar on Friday, where stakeholders in the export sector applauded the State-owned financial institution’s commitment to supporting productivity but called for…

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