Africa
EthiopiaIMF advises Ethiopia against mandatory lending quotas for banks
The IMF has cautioned Ethiopian banks against new regulations mandating specific credit allocations to the manufacturing sector, noting that 20 banks already exceeded credit ceilings.
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IMF Advises Against Mandatory Lending Quotas for Ethiopian Banks
First report 1d agoLast update 23h ago1 takes▼ 1
caution against quotasnegativeShow 3 posts
started 1d ago•Last update 23h ago
The IMF cautions against mandatory lending quotas for banks, as current credit restrictions are ineffective and could lead to further issues.
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