Businessman calls on banks to pass on rate cuts

Businessman David Virzi called on local banks to pass on to the public the interest rate cuts seen worldwide. Virzi, also an economist, emphasized the importance of banks implementing real rate reductions, especially in favor of entrepreneurs, investors, and those who take risks to generate economic activity. In a recent post on his X account, Virzi highlighted that “while interest rates are falling worldwide, it is time for that reality to reach the people.” He added that supporting those who “want to move forward” represents a direct investment in development, employment, and sustainable growth.