First Bank forecasts 10% decrease in loan growth

First Bank of Nigeria Holdings Plc, on Thursday, forecast slower loan growth of 10 per cent for this year due to the new monetary policy regulation. The Central Bank of Nigeria (CBN) had, at its last monetary policy committee meeting, raised the Cash Reserve Requirement (CRR) for public sector funds to 50 per cent, warning […]

First Bank forecasts 10% decrease in loan growth

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