Jaiz Bank's NPLs within tolerable limits 'MD

Managing Director of Nigeria's noninterest bank, Jaiz Bank Plc, Mallam Hassan Usman, has said the lender's level of Non Performing Loans ( NPL) is within tolerable limits. He stated this in Abuja at an interactive forum between the bank and members of Finance Correspondents of Nigeria (FICAN) Abuja chapter. Unlike conventional banks, Hassan said Jaiz Bank was not heavily exposed to oil sector and others, adding that the bank's loan exposure is limited to real estate and purchasing of sundry items . Hassan said the exposure to NPLs...The post Jaiz Bank's NPLs within tolerable limits 'MD appeared first on New Telegraph Newspapers.
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