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