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2019: Decline in loan, income imminent

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2019: Decline in loan, income imminent

THE Microfinance Bank, MfB, sub-sector will likely experience a drop in lending activities  and income generation in the first half of 2019, H1’19,  due to anticipated risky environment. But they are likely to focus on recapitalisation to meet the new minimum capital requirement of the Central Bank of Nigeria, CBN, ahead of the April 2020 deadline.

Continue reading 2019: Decline in loan, income imminent at Vanguard News Nigeria.

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