LAGOS, Oct 3 – Nigeria’s FCMB said on Thursday it was charged 14 billion naira ($46 million) for failing to meet the central bank’s minimum loan-to-deposit ratio requirement by a September deadline, the lender told Reuters on Thursday.
Thank you for reading this post, don't forget to subscribe!The mid-tier bank’s spokesman said the bank had reported loan growth in September and it expected to keep the momentum with a focus on asset quality.