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%!

Shreesha S
Shreesha S

Shreesha is a Qualified Certified Management Accountant(CMA) and Certified in Strategy and Competitive Analysis(CSCA).

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