SiN #73 – 35.7%

That is the interest rate spread(difference between interest rate charged on loans and the interest paid on deposits) of the island nation of Madagascar for 2020 according to the data by The World Bank. For a comparison, China had an interest rate spread of 2.9%, Russia – 3% and South Korea – 1.6%!

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Shreesha S
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.
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