The non-performing loans as percentage of total loans have gone down from about 23% before consolidation to less than 8% currently; total deposits have almost doubled, and credit to the private sector growing astronomically (annualized at 72% within the first four months in 2007).
Today, individual banks can finance big projects valued at hundreds of millions of dollars and also operate in the oil and gas sector – a feat they never could do before now. Interest rates are gradually coming down.