Bank of Botswana Changes Restrictions on Prime Lending Rates
On 4 November, the Bank of Botswana lifted its moratorium on increases in prime lending rates, allowing commercial banks to adjust their lending rates in response to liquidity conditions. No new official prime-rate figure or specific loan package was disclosed in the announcement. This creates opportunities for financial advisers, lenders and corporate finance consultants to review borrowing strategies. HPC can support financial market research, investment analysis and business advisory partnerships.
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