According to him, maximum interest rates on insured deposits decreased as a result of measures taken by CBA: “According to latest information, interest rates for individuals and legal entities will reduce by 2%”.
Babayev says is the conditions on lending and regulation will be severed, this will cause reduction of loan interests: “When the risks are higher the loan interest will increase. That’s banks insure their risks when they give loans without reference and analysis. As the Central Bank we try to prevent increase of loan interests”.
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