Finance

Elections Could Affect Recovery of Lending Businesses

by URN
The banking industry says demand for credit was rising steadily since August after a slowdown in the months between April and June when the country was under a lockdown.
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Lenders are hoping that the general elections will be peaceful so that their businesses return to normal.Like many other sections of the economy, the financial sector is still trying to recover from the effects of the COVID-19 pandemic as the climax of the election season sets in.Businesses, especially small and medium-scale enterprises have expressed fears over what the next few days or weeks mig

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