· Moreover, banks need to shed sour loans, which limit their ability to extend new credit. Ms. Nouy said that while eurozone banks in aggregate had made progress dealing with bad loans.
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Bank directors’ dividends rise to N30bn despite CBN’s restrictions. The apex bank had intended to discourage high dividend pay-outs by banks on the heels of worsening non-performing loans which was eroding banks’ capital adequacy. The policy would then force the banks to plough back their profits to beef up their capital. However,
Not that anybody imagined it was on the agenda of the U.S. central bank. the loans. Negative rates have produced a world turned upside down. And the direction for risk assets hasn’t been higher as.
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Kit Juckes of French bank Société Générale suggests Moody’s are playing. as traders digest Germany’s election results. The single currency has shed 0.3% against the US dollar to $1.1915. It’s.
“Incidentally, the 14 favoured banks, are free to invest anywhere in the world! Thus, while we still go cap-in-hand for foreign loans to support Nigeria. bounty’, this time well above N5tn ($30bn).
BUDAPEST-European Union regulators on Wednesday said Hungary’s plan to buy nonperforming bank loans at market prices doesn’t amount to state aid. As a result of the EU’s decision, asset management.