November 30, 2021 | 12:09
Five years of banking reform are at risk of being wiped away if the bad debt ratio rises again, requiring new legislation for debt settlement with judicious changes to the present framework. Nevertheless, the detrimental influence of the pandemic is not predicted to significantly lower banks’ profit adjustment, credit growth, or net interest margin.
July 09, 2012 | 13:37
It is possible that policy-makers have been reluctant to promote the creation of a formal debt market because it could limit their control over credit and banking growth and thereby interest rates.