- 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024
- FTSE 100 back in the red amid inflation update and earning season ramp up
- Rethinking Card Issuing in an Age of Fintech Disruption
- 5th Edition Connected Africa- Africa's Premier Telecom Summit
- BRVM Investment Days Roadshow Return to Johannesburg
GT Bank to reduce loan growth to focus on bond investment
LAGOS (Capital Markets in Africa) – Nigeria’s Guaranty Trust Bank (GT Bank) plans to reduce loan growth this year to focus on the increased profit to be had from maintaining domestic bond investment levels, its chief executive said on Wednesday. Nigeria’s government aims to fund half of this year’s forecast budget deficit of 2.36 trillion naira ($7.73 billion)through the domestic debt market and has been selling bonds at yields of about 16 percent. GT Bank’s loan…
Read More