· N120m To Be Given Out During Promo Season October 3, 2019/Fidelity Bank Plc Fidelity Bank Plc, top Nigerian lender on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will […]
Money Market
CBN Says DMBs to Attain Minimum LDR of 65% by December 31, 2019
October 1, 2019/CBN Our Letter To All Banks on the above subject dated July 3, 2019, BSD/D1R/GEN/MDD/01/045. refers. The Central Bank of Nigeria (CBN) has noted the appreciable growth in the level of the industry gross credit, which increased by N829.40 billion or 5.33% from N15,567.66 billion at end-May […]
A better NPL Picture
September 30, 2019/Coronation Research Nigerian banks have improved non-performing loans (NPLs) post recession. However, our study shows certain sector NPLs have deteriorated. Real Estate, a significant component of GDP, has also recorded impressive moderation in NPLs, notwithstanding its declining contribution to GDP. Click here to read full PDF copy of […]
