BoB unlocks P2.3bn to boost banks� liquidity

Mohohlo
Mohohlo

The Bank of Botswana (BoB) has moved to ease the prevailing tight liquidity conditions in the banking industry by releasing P2.3 billion into the market.

In a move aimed at augmenting funds available for lending for commercial banks, BoB governor Linah Mohohlo yesterday halved the Primary Reserve Ratio (PRR) for commercial banks from 10 to 5 percent, effective April, 2015 .

Primary reserves are the commercial banks’ deposits held in a special non-interest earning account at the Central Bank.

Editor's Comment
Dear gov't, doctors: Ntwakgolo ke ya molomo

With both sides entrenched in legal battles and public spats, the risk to public health, trust in institutions, and the welfare of doctors grows by the day. It's time for cooler heads to prevail. The government and BDU must return to the negotiating table, not with threats, but with a shared commitment to resolve this crisis fairly and urgently.At the heart of this dispute lies a simple truth: doctors aren't just employees but guardians...

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