Banking

Need to curtail widening gap between bank deposit, lending rate

by Editor

March 27, 2013 | 3:13 pm
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It is public knowledge that the excessive interest rate banks charge on loans and advances is a major impediment to economic development and even the health of the country’s financial system, Uche Chibuike, a member of the last Monetary Policy Committee (MPC) meeting held in Abuja, has said. Chibuike is of the opinion that the…

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by Editor

March 27, 2013 | 3:13 pm
  |     |     |   Start Conversation

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