February 15, 2016/Reuters Nigeria’s state-backed “bad bank” AMCON said on Monday it was seeking prospective investors to buy Keystone Bank, the last of the nationalised banks yet to be sold. The Asset Management Corporation of Nigeria (AMCON) said in a public notice it had decided to divest its 100 percent […]
Tag: Bad Bank
Nigeria’s AMCON seeks bids for Enterprise Bank sale
The Asset Management Company of Nigeria (AMCON) said on Monday it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of Nigeria’s three nationalised lenders to be put up for sale. “Bad bank” AMCON, which holds non-performing assets of troubled banks, in July […]
