Email a copy of 'Malawi banks struggling to meet liquidity requirements' to a friend
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Email a copy of 'Malawi banks struggling to meet liquidity requirements' to a friend
The Minister of Trade and Industry Joseph Mwanamvekha has said the Tripartite Free Trade Area (TFTA) which 26 African countries...
I get better returns from my bank mkhonde every December so the high street banks can hang with their low interest
Inefficiencies, failure to invest in local talent, research and innovation leads to slow, agonizing death. Too big to fall? No. It’s a global economy and local banks need step up and compete based on best practices, disruptive FinTech, know your customer, anti money laundering and anti terrorism culture.
The Reserve Bank is responsible, the rates are discouraging people from saving. People would rather deposit their Monies in money making Unit trusts and shares than savings, you save money and it benefits the Bank not the depositor, interest paid out to depositors by Banks is very small and they take time to give you your earned interests. Reserve Bank as a regulator must bring in policies that will benefit both the Depositor and the Banks.
If RBM has a relief for banks then why not insurance companies? U had to close a Malawian company (citizen insurance)that had malawians earning levels at heart but since its closure we are paying premiums that are really a reap off.we miss citizen insurance and these foreign companies are milking us so much plus taking forex out. Poorest nation in the world!! Wrong decisions and priorities.
Analyst please explain how the uncertainty over the sale of MSB can bring a liquidity crunch in the market. Are people withdrawing their deposits and keeping them in their houses? What is the share of total deposits in the market for MSB? Scapegoats ayi.
Ife aDPP TIKUTI CHUMA CHIKUYENDA BWINO
The economy is in bad shape. People are unable to save. Money withdrawals are higher the deposits. Anthu akungodyela mthumba.
Ah! Okhay!
Some bank???? Did you mean village banks??