Commercial banks write-off N1.9trn bad debts in 4yrs

A minimum of N1.9 trillion impaired loans has been written off by commercial and merchant banks operating in Nigeria from their loan portfolio in the last four years, a report by Agusto & Co, a foremost rating institution in Nigeria, has disclosed. The post Commercial banks write-off N1.9trn bad debts in 4yrs appeared first on Vanguard News.
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