FBC Holdings (FBC) says the country’s improving economic environment is creating growth opportunities for stronger lending, higher deposits and increased confidence in the financial services sector. This comes as the banking sector continues to benefit from easing inflationary pressures, improved exchange rate stability and recent reductions in banking and digital transaction charges aimed at lowering…
FBC upbeat on economic stability
The central bank, earlier this year, set a two percent ceiling on cash withdrawal fees and a 1,5 percent cap on point-of-sale charges.