Future Komp Through Merit Ibe the The Manufacturers Association of Nigeria (MAN) has requested support from the federal government to overcome the constraining constraints on competitive manufacturing in the country. The association’s president, Mansur Ahmed, made the appeal during the advocacy visit to President Muhammadu Buhari recently, where he listed the challenges …
Read More »Bank loans to MSMEs do not reach the threshold
The Bangko Sentral ng Pilipinas (BSP) said bank loans to micro, small and medium enterprises (MSMEs) still did not meet the mandatory threshold as of September 30, 2021. According to the most recent central bank data, 440.34 billion pesos was set aside for MSME financing during the period, below the …
Read More »Economic recovery: some glimmers of hope but still a long way to go – myRepublica
The year 2021 was decidedly not as gloomy as the year before in terms of freeing the economy from the clutches of the COVID-19 pandemic. Economic activities accelerated as the spread of the coronavirus gradually slowed. The signs are positive but the economy could sink into a crisis if corrective …
Read More »Banks miss their loan quotas for agriculture and agrarian sectors
NB FILE PHOTO LENDERS were unable to provide the required credit for the agriculture and agrarian reform (agri-agra) sectors during the period July to September, based on data from the central bank. Banks disbursed loans worth 804.17 billion pesos in the third quarter for the two sectors, according to preliminary …
Read More »The tightening of liquidity is expected to continue for a few months
With the shortage of loanable funds forcing most banks and financial institutions to suspend their loans, the crisis is expected to continue as the government plans to withdraw more money from the banking sector for income tax purposes by the end of the year. mid-January next year, officials and experts …
Read More »Manchester United transfer plans for next manager are already taking shape – Samuel Luckhurst
Manchester United’s website lists 38 players in the first team section. Six are on loan, three haven’t played for the first team all season and three others haven’t started a game. Ralf Rangnick works roughly with a 26-man squad and he still hasn’t had Raphael Varane, Edinson Cavani or Paul …
Read More »Central bank says more deposits, less loans, sign of improving liquidity
Nepal Rastra Bank officials said the gap between deposits and credit, which has led to the current shortage of loanable funds in banks and financial institutions, has turned towards a correction. According to them, this is reflected in the reverse trend of deposit collection and credit expansion in the third …
Read More »Monetary policy is about money, not interest rate
FFederal Reserve watchers are stunned by the proposed central bank tightening. Following the recent Federal Open Market Committee meeting, Federal Reserve officials confirmed that they plan to put the brakes on. The balance sheet could even contract in summer. We could just go back to normal monetary policy, something that …
Read More »Government allows banks to use up to 80% of funds provided to local governments in their CD ratio – myRepublica
The limit has been extended by an additional 30% to help ease the liquidity crisis seen in the banking system KATMANDU, December 21: The government has revised the deposit limit, on the amount of the subsidy granted to local communities, which the banks concerned have used to maintain their credit-to-deposit …
Read More »Amidst liquidity shortage, government delays increase in domestic lending
It is almost mid-December, but the government has yet to start raising internal loans, citing the lack of liquidity in the banking system. Banks and financial institutions in Nepal say they are running out of loanable funds. The open market operations committee, chaired by the vice-governor of the central bank, …
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