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#ZenithBank leads in profitability, shareholders’ fund; First Bank in assets
With the 2013 full year results of most of the quoted banks in the public domain as at the weekend, a clearer picture of the banking industry leaders has emerged, reports Festus Akanbi
Last year was characterised by intense competition in the banking industry amidst a harvest of regulatory headwinds which eventually took toll on industry performance by the time the results started to make their ways to the public domain.
In spite of the regime of tough regulatory measures put in place by the Central Bank of Nigeria essentially to reduce cost of banking and the attendance reduction in banks’ income streams, THISDAY checks from the 2013 full year results of quoted financial institutions released so far showed that a number of banks were, to the admiration of their stakeholders, still able to put up sterling performances to retain their pre-eminent positions in the industry’s ranking.
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Source: #ThisDay Newspaper
With the 2013 full year results of most of the quoted banks in the public domain as at the weekend, a clearer picture of the banking industry leaders has emerged, reports Festus Akanbi
Last year was characterised by intense competition in the banking industry amidst a harvest of regulatory headwinds which eventually took toll on industry performance by the time the results started to make their ways to the public domain.
In spite of the regime of tough regulatory measures put in place by the Central Bank of Nigeria essentially to reduce cost of banking and the attendance reduction in banks’ income streams, THISDAY checks from the 2013 full year results of quoted financial institutions released so far showed that a number of banks were, to the admiration of their stakeholders, still able to put up sterling performances to retain their pre-eminent positions in the industry’s ranking.
Click here to continue reading
Source: #ThisDay Newspaper
