The Bank went a long way in terms of balance sheet utilization. Since 2002, loans have risen from 25% to 81% of deposits in 2012 (and nearly eight-fold in absolute terms). This helped the Bank to improve its net interest margin from 1.2% in 2003 to 2.1% in 2010. As interest rates continue to fall and demand for new lending declines, the margin has been getting under increased pressure.
Helgi Library 
