The credit risk exposure of Nigerian banks is on the surge as their loan loss provisions accelerated by 129.8 per cent at the end of December 2023 over rising interest rates and harsh economic conditions.
The banks’ ECL positions reviewed by THE WHISTLER are, Zenith Bank Plc, Access Bank Plc, First Bank of Nigeria Holding, United Bank for Africa Plc, Fidelity Bank Plc, Guarantee Trust Company Plc, FCMB Group Plc, Stanbic IBTC Plc, Sterling Financial Holding Plc and Wema Bank Plc.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
