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Home » Tight liquidity chokes Steward’s income

Tight liquidity chokes Steward’s income

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STEWARD Bank (Steward) recorded a 48 percent decline in net interest income to $10,5 billion for the half year ended August 31, 2023, owing to tight liquidity conditions. This comes as authorities have maintained a tight monetary policy since the start of the year, which has in some cases resulted in an acute shortage of…

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