I would like to especially thank the financial cooperating partners that are ably represented by their Ambassadors resident in Harare and also the Africa Capacity Building Foundation (ACBF). I wish all the graduated Fellows a safe return home.
For banks whose eligible net lending exceeds a benchmark, the rate applied in TLTRO III will be lower, and can be as low as the average interest rate on the deposit facility prevailing over the life of the operation plus 10 basis points.