Banks saw mixed 2023
January 05, 2024 | 16:48
Banks post mixed profit picture for 2023 amid economic vulnerabilities and modest credit growth.
Banks urged to reduce costs to cope with NIM drops
February 09, 2023 | 15:26
To ensure net interest margin (NIM), banks are often choosing to raise output interest rates for borrowers but reduce the ability to fulfill debt obligations, while the central bank has also requested cuts in admin and expenses.
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