17.11.2015 09:57:00

Access Bank Plc -- Moody's: Nigerian banks to remain resilient despite elevated credit risks from deteriorating operating environment

London, 17 November 2015 -- Moody's Investors Service expects Nigerian banks' nonperforming loans to rise in 2016, driven by the deteriorating repayment capacity of borrowers in the oil and gas sector, although their profitability will remain sufficient to absorb related provisioning needs.

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