… Charges Banks For More Support May 24, 2021/Ecobank Nigeria The Minister of State, Ministry of Industry, Trade & Investment, Ambassador Mariam Yelwaji Katagum has commended Ecobank Nigeria’s massive support and sustained commitment in providing credit to entrepreneurs and small businesses in the country. She called on operators in the […]
Money Market
GCR Upgrades Nova Merchant Bank’s Rating
May 24, 2021/Nova Merchant Bank Global Credit Rating has upgraded NOVA Merchant Bank’s Long Term Issuer Rating from BBB- to BBB with a stable outlook. The reasons given for the upgrade include the Bank’s strong capitalisation, risk position, liquidity and evolving brand. The upgrade in the Bank’s rating comes shortly […]
Agencies issue host state loan-to-deposit ratios
May 21, 2021/US Federal Reserve Federal bank regulatory agencies today issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year’s ratios from June 2020. By law, a bank […]
