BoB unlocks P2.3bn to boost banksďż˝ liquidity
Friday, March 27, 2015
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.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...