Banks still have their base lending rates at between 18.5% and 22.5% despite the Central Bank lowering the base lending rate (CBR) to 11% beginning of November.
The Central Bank has licensed SUMAC DTM as the 8th DTM to focus on Small and Medium Enterprises (SMEs) to spearhead faster growth amongst small companies.
Modern banking as we know it began in Italy it spread out to the rest of Europe. These guys, I must say, were the trend setters of the day I think it had something to do with their accents, I mean who can say no to an Italian? It might also have something to do with their tendency to produce crime syndicates and the sopranos.
No judgement.