FINANCIAL – BANKING NEWS  

 Banks declare lower profits for October (30/11/2009)
Banks declare lower profits for October
Commercial banks profits have proved to be lower than previous months as was anticipated.

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 Banks up deposit rates but talk down liquidity fears (03/08/2009)
Banks up deposit rates but talk down liquidity fears
Banks are once again racing for mid- and long-term deposits to enhance liquidity.

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 Banks in for rough ride (22/07/2009)
Banks in for rough ride
The banking sector faces a tough second half of the year, given tightening credit and an expected drop in non-credit revenues.

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 $20-million set for rural development project (23/06/2009)
World Bank has officially approved the first phase disbursement plan of $20 million out of the $200 million set for rural finance project III

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