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Despite Fintechs’ Incursion, Banks Rake in N25tn Deposits

Obinna Chima Despite the surge in activities of financial technology (fintech) companies that have continued to encroach on commercial banks’ businesses, 11 banks in the country raked in a total of N24.957 trillion as customer deposits as at the end of 2018. The amount represents an increase of 16 per cent compared with the N21.480 […] The post Despite Fintechs’ Incursion, Banks Rake in N25tn Deposits appeared first on THISDAYLIVE.
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Added May 13, 2019
from This Day News