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AMCON charges AMPs to recover N740bn banks’ bad debt

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AMCON charges AMPs to recover N740bn banks’ bad debt

The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has called on the Corporation’s Asset Management Partners (AMPs) to work hard to recover the 20 percent or N740billion of the total Eligible Bank Assets (EBAs) of AMCON’s out of the outstanding debt portfolio of N3.7trillion

Continue reading AMCON charges AMPs to recover N740bn banks’ bad debt at Vanguard News Nigeria.

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