Banks risk losing time deposits over higher savings interest rates
Photo: PEXELS • Banks delay adjusting interest on fixed deposits • Rate mismatch could induce liquidity squeeze The recent increase ...
ADVERTISEMENT
Tag: Deposit Money Banks
Banks earned N180m to deposit N546b with CBN
•Savings, lending rates gap narrows to 27% •Apex bank cautions transaction-switching firms on lapses The nation’s Deposit Money Banks (DMBs) opted ...