#Nigeria
Zenith Bank claims to have made a provision on 30 percent of its loan to 9mobile, telecommunications company formerly known as Etisalat.
According to Reuters, Peter Amangbo, chief executive officer of the bank, made this known in a conference call on Monday.
“We have taken about 30 percent as a provision which we believe is very prudent as the company is undergoing restructuring to prepare for a new investor.”
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According to Reuters, Peter Amangbo, chief executive officer of the bank, made this known in a conference call on Monday.
“We have taken about 30 percent as a provision which we believe is very prudent as the company is undergoing restructuring to prepare for a new investor.”
Did You ❤ ❤ this post? DROP A C.O.M.M.E.N.T ... spill TEA.... Easy on Shade #jaiyeorie
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