Entry Instance

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{
    "id": 277342,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/277342/?format=api",
    "text_counter": 1178,
    "type": "speech",
    "speaker_name": "(a)",
    "speaker_title": "",
    "speaker": null,
    "content": "the weighted average lending and deposit rates for all banks and financial institutions; (b) the interest rate spread and its composition; and (c) a simplified version of the balance sheets and income statements. (2) Notwithstanding the provisions of this section, a bank shall disclose any positive or negative information of its customers to the licensed credit reference bureaus, where such information is reasonably required for the discharge of the functions of the banks and the licensed credit reference bureaus. Mr. Temporary Deputy Chairman, Sir, the reason for this is that this helps introduce efficiency in the banking sector. It allows sharing of information and, in the process, perhaps you will end up with a lower interest rate."
}