Stanbic IBTC, 5 Other Tier-2 Spent N413.5bn on Customers Deposit, Borrowings

Stanbic IBTC Holdings, and five other tier-2 financial institutions, in the course of last year (2022), have spent no less than N413.5 billion on customer deposits and local/foreign borrowings. This development follows the aggressive inflation targeting that lead to a consistent hike in the Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) of … Continue reading Stanbic IBTC, 5 Other Tier-2 Spent N413.5bn on Customers Deposit, Borrowings