AMCON, the institution set up to absorb non-performing loans in the Nigerian banking sector in 2010, recorded a loss of N627bn for FY 2013.
The trend however, shows a decline from the loss recorded in 2011of N2.37Tr and in 2012 of N702bn.
The financial statements show an increase in interest income
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
YINKA ABRAHAM
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
