'Deep, efficient financial system key to for economic transformation'
With a paltry 30.3 per cent ratio of bank assets to Gross Domestic Product (GDP) and 15.7 per cent private sector credit as a percentage of the GDP, the nation's banking sector has been d scribed as lacking the necessary depth to power economic growth.
from Google Alert - Business https://ift.tt/2KnDmS9
With a paltry 30.3 per cent ratio of bank assets to Gross Domestic Product (GDP) and 15.7 per cent private sector credit as a percentage of the GDP, the nation's banking sector has been d scribed as lacking the necessary depth to power economic growth. https://ift.tt/eA8V8J
from Google Alert - Business https://ift.tt/2KnDmS9
With a paltry 30.3 per cent ratio of bank assets to Gross Domestic Product (GDP) and 15.7 per cent private sector credit as a percentage of the GDP, the nation's banking sector has been d scribed as lacking the necessary depth to power economic growth. https://ift.tt/eA8V8J
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