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Economy

FIDELITY, ZENITH, ACCESS MAKE LIST OF MOST CAPITALIZED BANKS IN Q3 2023

Leading financial institution, Fidelity Bank, has been listed as one of the most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers, the bank reported a capital base of N410.75 billion as of September 2023 against N314.3 billion in 2022. Also featured on the list are Zenith Bank, UBA, First Bank, Access Holdings, First Bank Holdings, Ecobank, GTCO Holdings, Stanbic IBTC Holdings, FCMB, and Sterling Financial Holdings. Following the announcement of the planned recapitalisation of commercial banks by the Central Bank...