Fitch Downgrades Union Bank’s Credit Rating Amid Capital Adequacy Concerns
Fitch Ratings has downgraded the long-term issuer default ratings (IDR) of Union Bank of Nigeria, citing concerns over the bank's ...
Tag: Capital Adequacy Ratio
CBN Debunks Reports of Banks Failing Capital Adequacy Ratio Stress Test
The Central Bank of Nigeria (CBN) has categorically refuted media reports claiming that certain banks failed the Capital Adequacy Ratio ...
Banks Non-Performing Loans hits N1.5 Trillion, Central Bank Reports
Banks in Nigeria have been actively writing off debts and debiting accounts of non-cooperative debtors from other banks, in a ...
GTCO, FBN, FCMB, and Fidelity Bank Non Performing Loan Hits N413 Billion in H1 2023.
Nigeria's banking sector, Guaranty Trust Bank Holding Plc (GTCO), FBN Holdings Plc, FCMB Group Plc, and Fidelity Bank Plc have ...
Rising Borrowing Costs and Declining Growth in Nigerian Banking Industry.
The Central Bank of Nigeria (CBN) has reported a continued increase in borrowing costs and a decline in growth within ...
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