Why banks don’t give long term loans- Fidelity Bank MD

Why banks don’t give long term loans- Fidelity Bank MD

The inability of commercial banks to give long-term credit facilities is due to the non-availability of long-term-deposits by Nigerians, a financial expert, Mr Nnamdi Okonkwo has said. Okonkwo, also the Managing Director, Fidelity Bank Plc, made the remark at a conference organised by the Finance Correspondents Association of Nigeria (FICAN) in Lagos. The theme of […]

The post Why banks don’t give long term loans- Fidelity Bank MD appeared first on Nigerian Pilot: Nigerian Newspaper.

Source: Why banks don’t give long term loans- Fidelity Bank MD

----
post culled from nigerianpilot.com

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub