#BankingRegulation Central Bank's latest measure is seen as an attempt to ease liquidity pressures without compromising the safety-net reserves offer. By integrating the reserves with payment accounts, the funds could be put to productive use, removing the administrative grind and providing a consolidated snapshot of liquidity. Reserve maintenance periods now commence on the first Thursday each month, requiring banks to hold at least five percent of daily deposit liabilities.
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Source: addisfortune
@Ethiopianbusinessdaily
Read More
Source: addisfortune
@Ethiopianbusinessdaily