Tags: Inter-Bank

Malawi inter-bank lending rates slupm 14%

Inter-bank lending rates—the rate at which banks lend to each other—fell to 14 percent by Thursday last week, indicating a marked improvement in commercial bank’s liquidity levels. Reserve Bank of Malawi (RBM) data show that the inter-bank lending rate for overnight borrowing dropped to 14 percent on February 20 from an average 21.6 percent in…