Commerce, hospitality sector most financed sectors

The commerce, restaurants and hotels were the most financed sectors in terms of access to credit by private sector from commercial banks in 2014. According to Central bank statistics, out of the total new authorized loans form commercial banks, commerce, restaurants and hotels took 41.6% of the total loans, a proportion that indicates the growth within the services sector. This saw total loans disbursed to private sector increasing by 38.2 percent... Read More