Bad Loans, Bigger Problems for Banks
Loan defaults remain one of the biggest challenges facing banks, especially during periods of economic uncertainty. When individuals or businesses ...
Tag: non-performing loans
Sterling Bank Keeps Bad Loans Below CBN Limit Despite Industry Challenges
Sterling Bank has maintained a healthy loan portfolio over the past decade, keeping its non-performing loan (NPL) ratio below the ...
Nigeria’s Bad Loans Climb Above Regulatory Limit as CBN Tightens Banking Rules
Nigeria’s banking sector is facing growing pressure as the ratio of bad loans increased to 8.03 per cent in January ...
Union Bank Asset Dispute Raises Questions Over Creditor Enforcement and Investor Confidence in Nigeria
A legal dispute over Union Bank of Nigeria’s enforcement of an unpaid ₦18.6 billion loan has become a test case ...
CBN Bars Chronic Loan Defaulters from Banking Services
The Central Bank of Nigeria has restricted banking services for large-scale loan defaulters, cutting off their access to fresh credit, ...
