Banks widen lending margins, undercut BoB policy stance
Sunday Standard Banks widen lending margins, undercut BoB policy stance Commercial banks are moving out of step with the Bank of Botswana, raising borrowing costs in ways that dilute the central bank’s recent policy signals. Governor Lesego Moseki said the Monetary Policy Committee is concerned that lenders continue to increase effective lending rates by widening margins above Prime Lending Rates, despite guidance aimed at stabilising […] The post Banks widen lending margins, undercut BoB policy stance first appeared on Sunday Standard and is written by Cedric Swanka
Black News 
Sunday Standard
Banks widen lending margins, undercut BoB policy stance
Commercial banks are moving out of step with the Bank of Botswana, raising borrowing costs in ways that dilute the central bank’s recent policy signals.
Governor Lesego Moseki said the Monetary Policy Committee is concerned that lenders continue to increase effective lending rates by widening margins above Prime Lending Rates, despite guidance aimed at stabilising conditions in the credit market.
There's more to this story
But to keep reading, we need you to subscribe.
Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers.
You can subscribe for one week, a month or a full year - the choice is yours.
Save 77% on an annual subscription. Click here to find out how.
Existing subscribers can log in to keep reading here.
The post Banks widen lending margins, undercut BoB policy stance first appeared on Sunday Standard and is written by Cedric Swanka
