Alert MFB grows assets to N50bn amid inflation, rising credit demand

By Babajide Komolafe Alert Microfinance Bank has recorded a 20-fold increase in total assets to N50 billion in three years, as rising inflation, naira depreciation and stronger demand for credit reshape Nigeria’s banking landscape. Speaking in a media interview, Group Chief Executive Officer of Alert Group, Mr. Olanrewaju Kazeem, said the bank’s growth was driven by […] The post Alert MFB grows assets to N50bn amid inflation, rising credit demand appeared first on Vanguard News.

By Urowayino Jeremiah