Fidelity Bank says its loan to deposit ratio above CBN 60% limit
Fidelity Bank Plc on Tuesday expressed continous support to the growth of Small and Medium Enterprises (SMEs). The bank said that its loan to deposit
Category : Banking
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About Banking News Today
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
Union Bank declares N12.1bn profit before tax in H1 2019
Union Bank of Nigeria (UBN) on Monday declared a profit before tax of N12.1 billion for the half year ended June 30, 2019. The profit
Zenith Bank introduces online Visa application to Dubai
Zenith Bank has introduced a new feature on its internet banking platform that allows to customers apply for Dubai Visa and make the associated Visa
UBA pledges more funding for SMEs in Africa
The United Bank for Africa Plc (UBA) has pledged more funding for the growth and development of Small and Medium Scale Enterprises (SME’s) in Africa.
FBN provides 30,000 direct jobs through agent banking – Official
First Bank of Nigeria (FBN) Limited on Wednesday said it had provided over 30,000 direct employments and several indirect employments through its agent banking. Mr
Ecobank MD affirms support for Nigeria movie industry
The Managing Director, Ecobank Nigeria, Mr Patrick Akinwuntan, has said the bank is set to support the Nigerian movie industry to project everything good about
IFC, AMC to sell 14.1% stake in Ecobank Transnational
The International Finance Corporation (IFC) and its Asset Management Company have reached advanced discussions to sell equity holding in Ecobank Transnational Incorporated (ETI). The company
Bank ATMs in FCT witness low turn out of customers
Most Automated Teller Machines (ATMs) in the Federal Capital Territory (FCT) on Wednesday witnessed low turn out of customers. TBI Africa quoted the News Agency
AfDB supporting clean energy portfolios in Africa — Official
The African Development Bank (AfDB) has said that as a policy, it is supporting clean energy portfolios in Africa, given that as it has an
FG begins investigation into $2bn Atlas Mara’s Union Bank Shares fraud
TBI Africa said that the Federal Government has began criminal investigation into alleged misappropriation of two billion dollars worth of Atlas Mara’s Union Back Plc
