Question

    What is a primary challenge faced by banks in maintaining credit growth?

    A Increased consumer spending Correct Answer Incorrect Answer
    B Strong currency valuation Correct Answer Incorrect Answer
    C Digitalisation of processes Correct Answer Incorrect Answer
    D Migration of deposits to investments Correct Answer Incorrect Answer
    E Declining foreign reserves Correct Answer Incorrect Answer

    Solution

    Depositors are moving to investments, complicating banks' credit growth due to a reduction in deposits.

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