"The Central Bank should have a permanent window……" — Abdul Aziz Al Ghurair
"The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity."
—
Abdul Aziz Al Ghurair
★
★
★
★
★
0.0 avg (0 ratings)
More Absence Quotes
This quote is filed under Absence Quotes,
one of 1,418 quotes in that category. Here are a few more:
See all 1,418 Absence Quotes »