Tag: deposits
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High interest rate linked to deposit dip
Some analyst have attributed the high interest rate in the country to the stiff competition for deposit from the public by numerous financial institutions...
Emefiele orders stoppage of all charges on deposits
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Thursday directed that all charges on deposits should be stopped with immediate effect.Emefiele...
BoA offers highest interest on deposits
Bank of Africa has emerged as the institution offering highest interest on deposits by businesses and individuals.
According to the?latest Annual Percentage?Rates (APRs) released by...
Struggles by Bank over deposits
The operations of some deposit-taking non-bank financial institutions (NBFIs), which promise colossal interest on deposits,are threatening universal banks that have to compete with them...
Review The Withholding Deposits Policy
The Volta Region Chapter of the Association of Rural Banks (ARB) has passionately appealed to its umbrella organization, the ARB APEX Bank to review...
