... rate is negative in 12 cases and negative and significant in 10 case. These are Benin, Gabon, Kenya, Madagascar, Mali, Mauritius, Nigeria, South Africa, Togo, and Tunisia. The impact of the ... multiplicative. Also, an increase in bank deposit rates, may lead to shifts among the components of the leakage such that the available informal credit remains intact. The Real Interest Rate and the ... total savings and financial saving. Total domestic saving consists of private and public savings of which financial savings is a part. While financial saving is the portion of total saving that...