December 2, 2020/Fitch Rating The sector outlook for African banks is stable for 2021 as they see a gradual normalisation with business volumes and revenues picking up, Fitch Ratings says. However, we do not expect a return to pre-pandemic performance levels for at least another two years. Asset quality will […]
Money Market
A Temporary Reprieve from FX Outflows
December 2, 2020/Proshare by FBNQuest Research Today’s chart shows monthly fx inflows through the economy for the three years to August ’20. It captures movements through the CBN and other (autonomous) sources. On the CBN side, the large inflows tend to be FGN borrowings such as Eurobond sales (in November […]
Ecobank Group wins Awards from EMEA Finance, The Banker and Global Finance
The award of ‘Outstanding Crisis Leadership – Finance & Business’ was awarded to Ecobank by Global Finance December 2, 2020/Ecobank Leading pan-African banking group, Ecobank, has won awards from EMEA Finance, The Banker and Global Finance. Ecobank’s awards in the EMEA Finance African Banking Awards 2020 includes the pan-African award […]

