The key challenges encountered in 2012 by Stanbic IBTC Group were the cost of funding and high credit impairment charges. An analysis of financial results for the year ended December 31, 2012, released by the bank showed that expensive term funding accounted for more than 50 percent of the group’s
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Stories by HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
