FBN Holdings reduces bad loans to 12.6% in 9 months

FBN Holdings reduces bad loans to 12.6% in 9 months

FBN Holdings Plc on Monday said the non-performing loans (NPLs) ratio for its commercial bank reduced to 12. 6 per cent for the nine months ended Sept. 30, 2019.

This is contained in the company’s unaudited result for nine months as of Sept. 30, released by the Nigerian Stock Exchange (NSE).

The result showed an improved NPL of 12.6 per cent, compared with 25.9 per cent recorded in the whole of 2018.

Continue reading FBN Holdings reduces bad loans to 12.6% in 9 months at Vanguard News.

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