‘Banks’ deposit base not threatened by Savings Bond’

‘Banks’ deposit base not  threatened by Savings Bond’

The Group Chief Finance Officer, United Bank for Africa Plc, Ugo Nwaghodoh, has said the Federal Government of Nigeria Savings Bond is not a threat to commercial banks’ deposit base, adding that the N2.067 billion raised in the maiden offer, does not threaten the deposit drive of commercial banks. “I do not think the FGNRead More

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Source: ‘Banks’ deposit base not  threatened by Savings Bond’

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