These positive developments on the banking sector  front should improve the efficiency in the industry which should ultimately result in declining interest rates. With increased capitalization of banks, and better credit risk assessment in the banking system, we expect the pricing of credit to reflect these trends. Interest rates and spreads that have been slow to adjust should move in line with inflation.
I would now like to turn to another murky matter that has grabbed headlines for most of the year – foreign exchange, but not just foreign exchange, everyone’s needs for precious US currency being unfulfilled, from the vacationer wanting $ to you, the business community being unable to pay for goods, and seeing your credit standing being affected.