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Increase in CRR will not negatively impact banks’ earnings – Analysts – Daily Trust

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Increase in CRR will not negatively impact banks’ earnings – Analysts

Following the Monetary Policy Committee decision to raise the cash reserve ratio of commercial banks 500 basis points to 27.5 per cent, from 22.5 per cent, some analysts have predicted that the latest monetary measure will not have a negative effect on the earning of banks.

 

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