The International Monetary Fund points to “pockets of vulnerability” among smaller Mozambican banks due to “very high” real interest rates, an IMF report consulted by Lusa reveals. “Although financial soundness indicators paint a healthy picture for the aggregate financial system, bank-level data show pockets of vulnerability, especially among smaller banks, as very high real interest … Continue reading IMF sees “pockets of vulnerability” among Mozambican banks in the face of “very high real interest rates”