We carry out a lending conditions survey to assess market rates and pricing in the banking sector products. The current trends reflect on the six-month period of April – October 2017. SBV cut rates but market rates move on competitive pressures
In the short-term rate market, we saw a flurry of rates movements with some banks reducing rates in the unsecured market (MBB, TPB) from uncompetitively high levels while most others increased rates ranging by c 50 – 150 basis points.