Banks’ liquidity declines | The Times Group

Banks’ liquidity declines | The Times Group:

Banks' liquidity declines 
 Posted By: William Kumwembe on: February 08, 2018 In: Business No Comments 
 Liquidity levels in commercial banks decreased in January 2018 to K5.89 billion per day from 
 K6.43 billion in December 2017, according to figures compiled by Nico Asset Managers. 
 This means that, in the month under review, some commercial banks might have struggled with 
 funds to lend out to customers. 
 And market analysts feel a continued drop in liquidity levels in the near future would pose a threat 
 to interest rates. 
 A report from Nico Asset Managers shows that interbank borrowing, which is borrowing between 
 commercial banks, averaged K9.24 billion per day in January 2018 at an average rate of 14.95 
 percent. 





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