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

Oil prices rise again on global markets

Azerbaijan transports 105,000 tonnes of cargo to Armenia

Azerbaijan’s non-oil exports rise 20.8%

Gold and silver prices decline on global markets

Oil prices resume downward trend

Azerbaijan’s daily oil output falls to 447,000 barrels

Oil prices increase on global markets

Oil prices decline on global markets

Gold and silver prices surge on global markets

Oil prices rise on global markets

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