FBN Holdings completes sale of Insurance to Sanlam. FBN Holdings (FBNH) Plc and Sanlam Emerging Markets (Proprietary) Ltd (Sanlam) have announced the completion of the sale and transfer of FBNH’s 65% shareholding in FBN Insurance (FBNI) to Sanlam.
Banks 65% LDR target marks yields crashing unsustainable – FBNQuest | FBNQuest Capital has stated that the crashing yield in the fixed income market may not be sustainable because of banks’ loans to deposit ratio requirement.
Basel III: We are considering issuing guideline on liquidity standard -CBN. The Central Bank of Nigeria has said that it is considering issuing guideline on Basel III liquidity standard. The CBN said this in reaction to MarketForces enquiry about the implementation of the Basel III accord by deposit