Why the sudden appetite by banks to lend money?
Daily Monitor Tuesday April 06 2021 A customer counts money in a banking hall. Banks have been sitting on plenty of liquidity for more than 12 months because of lock down. PHOTO/Eronie Kamukama Summary The pricing of low loans is to encourage potential borrowers with urgent cash needs to approach the bank for relief, Racheal Nabisubi writes. Interest rates are one of the most crucial things to watch out for whenever you want to borrow some money especially from a bank. However, very few people take time to understand what the interest rate is take for instance when applying for a loan.
Source: monitor.co.ug