Banks fight for Stallion Group’s assets, as fears of bankruptcy mount

Deposit Money Banks (DMBs) operating in the country are currently battling among themselves to take over assets of struggling business behemoth, Stallion Group, in a bid to recover huge loans they had advanced to the firm, Business Hallmark can report.

The moves came as Stallion Group, a diversified conglomerate, faces uncertain future over mounting debts and litigations.