UP

ADB welcomes consolidation process

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
ADB welcomes consolidation process

The government’s decision to close inadequately capitalized banks and to encourage bank consolidation could strengthen the banking system by simultaneously raising capitalization and reducing costs, thereby enabling narrower spreads between deposit and lending rates.

The bank says if the emergence of several stronger and more effective banks ensues, the sector could become more competitive: “Steps to reduce the government’s presence in the sector could also help if implemented in a way that augments rather than inhibits competition”.

Date
2016.03.30 / 14:14
Author
Axar.az
See also

Azeri Light crude climbs to $115.55

Global oil prices announced

Rail transport of food products up 51% in March

Azeri Light drops nearly 6% in value

Russia’s oil export revenues jump to $19B in March

Euro rise against manat

Azeri light oil surges above 125 dollars

Azerbaijan sends diesel shipments to Armenia

Oil prices jump after Trump’s Hormuz Strait remarks

Crude oil prices slide on world markets

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla