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Lack of diversity in ownership of banks setback banking sector in Liberia
The plan aims to improve the management and monitoring of economic and financial reforms.
The banks were barred for concealing $2.12 billion belonging to the NNPC.
SunTrust Bank will distribute its products solely via internet and mobile phones.
Interest rates will be capped at four per cent above the central bank benchmark rate.
The partners will make available capital and strategies for development of FSPs
Plans to establish the banks are near completion, said a minister.
Training will improve business performance of banks
A new report highlights the concentration of bank loans.
It is part of the bank's new five-year strategy to revamp agricultural financing in the country.