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What's The Implication Of Treasury Single Account To Banking Sector? - Career - Nairaland

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What's The Implication Of Treasury Single Account To Banking Sector? by Mbkite(m): 8:13pm On Sep 22, 2015
Economists in the house please help. I want to
understand the effects of TSA on different Nigeria banks?

Thank you.
Re: What's The Implication Of Treasury Single Account To Banking Sector? by Nobody: 9:12pm On Sep 22, 2015
The amount of govt money that commercial banks have with them will reduce or be equal to zero. This means that the banks will have a lesser volume of deposits to do business with possibly having a negative impact on their earnings.


This will further force commercial banks to go into full time retail banking, come up with innovative products and services to woo private customers to deposit their money with them.


It is also aimed at mopping up corrupt leakage of govt money in the hands of Commercial banks.

I hope you get the points.
Re: What's The Implication Of Treasury Single Account To Banking Sector? by Mbkite(m): 9:38pm On Sep 22, 2015
Bubewilson:
The amount of govt money that commercial banks have with them will reduce or be equal to zero. This means that the banks will have a lesser volume of deposits to do business with possibly having a negative impact on their earnings.


This will further force commercial banks to go into full time retail banking, come up with innovative products and services to woo private customers to deposit their money with them.


It is also aimed at mopping up corrupt leakage of govt money in the hands of Commercial banks.

I hope you get the points.

Thank you so much bro.

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