* Loan growth rate to accelerate from last year’s 12 pct * ROE to rise to 18 pct in 2013, from 15 pct last year * Capital ratios expected to fall to 15 pct, from 20 pct (Adds details, background, quotes) A surge in lending is likely to boost […]
Tag: Loan
Nigerian Growth Will Spur Banks After Loan Clean-Up, S&P Says
Nigerian political stability and economic growth after a loan clean-up by a state company created to buy bad debt will spur expansion in the country’s banking industry this year, according to Standard & Poor’s. “Nigerian banks have good prospects in 2013 thanks to strong economic growth and currently broad political […]
Analysis: Small lenders ride U.S. mortgage wave as big banks cut back
Guaranteed Rate, Inc, a home loan company, opened shop in 2000 in Chicago with a single office. Now it is one of the 20 biggest U.S. mortgage lenders, with more than 140 offices. Most of that growth has come in the last two years and Chief Executive Victor Ciardelli said […]
