Banks start cutting long-term deposit rates
June 27, 2012 | 11:10
After taking part in a race to offer exorbitant deposit rates a fortnight ago, many banks are now lowering their deposit rates for savings of above 12 months to below 12 per cent a year.
Improved liquidity reflects confidence
April 02, 2012 | 07:49
Interbank rates are falling in step with improved bank liquidity, lower demand for credit, risk-averse banks and State Bank bills.
Banks back in love with interbank lending
August 25, 2008 | 18:09
Local banks are pushing interbank market lending under the expectation of a State Bank base interest rate cut as money pumped through open market operations falls.
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