But this is now entirely due to macroeconomic uncertainty. A number of banks are still hesitant because the conditions of their borrowers are still fragile. But in several euro area countries, and Italy is one of them, overall credit standards for corporate loans have already started to ease. Three ways forward The crisis, no doubt, has changed our world. I see three ways forward.
By a Gazette Notice dated May 31, 2019, all persons have until October 1, 2019, to exchange those notes, after which the older one thousand shillings banknotes will cease to be legal tender. More details about this will be provided.