Banking system sitting on surplus cash—RBM
<p>The Reserve Bank of Malawi (RBM) says the country’s banking system is sitting on substantial liquidity, but less than 40 percent of deposits are being converted into loans. But economists have said this scenario exposes a financing paradox that reflects government borrowing, expensive credit and weaknesses that make private businesses risky to finance. The home …</p> <p>The post <a href="https://mwnation.com/banking-system-sitting-on-surplus-cash-rbm/">Banking system sitting on surplus cash—RBM</a> appeared first on <a href="https://mwnation.com">Nation Online</a>.</p>