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expr:content='data:blog.isMobile ? "width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0" : "width=1100"' name='viewport'/> Jaiyeorie — What’s happening | Why It Matters : Zenith Bank Provided For 30% Of 9mobile’s Loan

Zenith Bank Provided For 30% Of 9mobile’s Loan

#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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1 comment:

Unknown said...

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