Energy Industry News

Rising interest rates could lead to slower growth and expose vulnerabilities – Donnery

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 71%

Nigeria Nigeria Headlines News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Higher interest rates could lead to slower growth and expose vulnerabilities, Sharon Donnery, Deputy Governor of the Central Bank, has warned.

Speaking at the Banking & Payments Federation Retail Banking conference, Donnery said that while net interest income is on the rise for banks, so too is credit risk, as households and businesses face into these headwinds.

“It is not a time for complacency,” Donnery said. “Both regulators and the sector must remain vigilant and ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rising interest rates could lead to slower growth and expose vulnerabilities – DonneryThe financial sector needs to take a leadership role in addressing climate change, the Deputy Governor of the Central Bank said
Source: businessposthq - 🏆 8. / 71 Read more »