CBA forecasts cheapening of bank loans in country

CBA forecasts cheapening of bank loans in country
# 02 August 2013 12:14 (UTC +04:00)

He also stated that bank loans could be reduced under the affect of some factors. So, reduction of maximum interest rates of insured deposits to 10% from 12% will have its own impact. Moreover, development of cashless payments and increase of money supply in the bank sector will increase the financial funds in the disposal of banks. This will cause reduction of interest rates on loans.

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