Banking sector adds 26 basis points in 2010

Banking sector adds 26 basis points in 2010
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Summary

At least 26 basis points were added in the spread of banking sector during 2010 but profit given to account holders was slightly decreased. According to central bank, average banking spread in 2010 remained 7.6 percent. Interest rate on loans remained 13.39 percent which was 49 basis points lower as compared to last year. Average deposit rate recorded at 5.93 percent.
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