The Monetary Board (JM) approved the Asset Assessment Ruling (REA) on Sunday, 1 October 2017. The new ruling is intended to stimulate an increase in bank lending to the private sector. The ruling had been under review since August 2016. The changes will enable an increase in bank credit for production, local consumption and exports. The changes are expected to generate new jobs.
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El Nuevo Diario
2 October 2017
