– advocates accelerated lending
A review of the liquidity profile of Guyana’s commercial banking sector has revealed that commercial banks are positioned to significantly increase the extent of its lending to both individuals and the private sector though he cautioned that the growth of lending “has to be orderly and should not in any way upset the safety and soundness of the banking sector.”
Addressing a July 25, Banking and Investment Seminar organized by the Georgetown Chamber of Commerce and Industry (GCCI) for business houses, Bank of Guyana Governor Lawrence Williams said that while as a prudential measure commercial banks are required to have a prescribed level of liquid assets local banks have been exceeding
