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Banks’ preference for security investments threatens economic growth

Inspite of the perception that industry reforms have put the banking sector in a better position for intermediation, some of the banks, particularly, first tier institutions, have continued to express their preference for investments in low risk treasury bills and securities, at the expense of the economy, Business Day investigations have revealed.
Read the rest of the story on Businessday Nigeria

Added December 11, 2011
from Businessday Nigeria