Banks Attract N37tn Deposits in 2020

30 Dec Banks Attract N37tn Deposits in 2020

The nine months 2020 financial results of 13 commercial banks show that they raked in a total of N36.759 trillion as customers’ deposits.

This represented an increase of N6.931 trillion or 23 per cent as against the N29.828 trillion reported in the comparable period of 2019.

The banks are Zenith Bank, United Bank for Africa Plc, Access Bank Plc, Fidelity Bank Plc, FCMB, FBN Holdings, Guaranty Trust Bank Plc, Union Bank of Nigeria Plc, Ecobank Transnational Incorporated, Stanbic IBTC, Wema Bank, Unity Bank, and Sterling Bank Plc.