Accordingly, the exchange rate will also be stable, or down just 1% from now until the end of the year, he added.
The Governor said that loan outstanding balance of small and medium-sized enterprises (SMEs) account for 60% of the whole banking system’s outstanding balance. If the SMEs encounter difficulties, the banking sector will also have troubles.
SBV have cut back lending interest rates over the past two years, making them far better than they were two and three years ago.
