Wednesday, 12 October 2016

NPL Rise Just One Rating Consideration for Nigerian Banks Says Fitch

Nigerian banks are experiencing a sharp rise in non-performing loans (NPL) but in isolation asset-quality deterioration is not yet a negative driver for the 11 rated commercial banks in the country, says Fitch Ratings. Worsening NPL trends in the sector have accelerated since end-2015 and we expect this to continue because operating conditions remain difficult. […]

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