For GTCO & Stanbic, no CBN forbearance, no problem 

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At a time when Nigerian banks are being told to come clean about their risky loans, GTCO and Stanbic IBTC are already ahead of the curve. A new report by Renaissance Capital (RenCap) reveals that both lenders recorded zero forbearance, a bold statement in today’s tightly watched financial sector.

Their position comes as the Central Bank of Nigeria (CBN) shifts away from post-COVID leniency and tighten

At a time when Nigerian banks are being told to come clean about their risky loans, GTCO and Stanbic IBTC are already ahead of the curve. A new report by Renaissance Capital (RenCap) reveals that both lenders recorded zero forbearance, a bold statement in today’s tightly watched financial sector.

Their position comes as the Central Bank of Nigeria (CBN) shifts away from post-COVID leniency and tighten



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