6/4/2018/Reuters Nigerian mid-tier lender FCMB expects loan growth to be flat this year after it rose 5.4 percent last year as oil companies pay down debt, its chief executive said on Friday. Ladi Balogun said the group was seeking a retail banking licence for its British-based unit, which offers wholesale […]
Money Market
Heritage Bank restates commitment to sustainable growth, profitability
April 9, 2018/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, has restated its commitment to sustainable growth and profitability despite the prevailing adverse macro-economic environment. The bank said in statement issued over the weekend by Mr. Fela Ibidapo, Divisional Head, Corporate Communications of the bank that, […]
Indonesian Bank Pressures Easing in Improving Environment
3/4/2018/Fitch Ratings The operating environment facing Indonesian banks is gradually improving, driven by steady economic performance, easing conditions in the commodity sector and macroeconomic policies consistently geared towards maintaining stability, says Fitch Ratings. These trends are helping to stabilise banks’ asset quality, and could have positive rating implications for some […]
