All posts tagged "NPLs"
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Wema Bank ready for regional banking
Wema Bank has said the capital currently at its disposal is above the minimum required regulatory capital to operate as a commercial bank with regional authorisation. In a statement jointly signed by the Acting Head, Corporate Communications,...
- Posted April 26, 2011
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Rescuing banks from web of bad debts
THE concept of banking, essentially, though nebulous, revolves around management of money, credit and investments. It is one of the oldest professions in the world and credit is at the heart of the business. The key functions...
- Posted April 11, 2011
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Rescued Banks Intensify Debt Recovery Drive
Rescued banks in the country have intensified their debt recovery drive ahead of the June, 2011 recapitalisation deadline that has been fixed by the regulator. Despite the activities of the Assets Management Corporation of Nigeria (AMCON), THISDAY...
- Posted April 7, 2011