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Tag: bad

Business
Economic downturn leads to N478 billion in bad loans for banks

Economic downturn leads to N478 billion in bad loans for banks

September 11, 2023November 20, 2024 AGS

In the first half of this year, at least four banks have reported a combined total of N478 billion in non-performing loans, as revealed in their financial reports. Specifically, Guaranty Trust Bank Holding Plc (GTCO), FBN Holdings Plc, and two … Continue reading Economic downturn leads to N478 billion in bad loans for banks

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