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Business News of Friday, 14 April 2023

Source: www.legit.ng

Ecobank, Zenith, Wema, and 6 other banks deposit rise by 21.43% in 2022

The photo used to illustrate the story The photo used to illustrate the story

Nine banks listed on the Nigerian Exchange have reported an increase in customers deposit in 2022.

According to the banks, unaudited financial records obtained by Legit.ng the customer deposits in the banks increased by 21.43 percent to N37.63 trillion in 2022 from N27.26 trillion in the previous year.

The banks are Fidelity Bank, Ecobank, First City Monument Bank, First Bank of Nigeria, Unity Bank, United Bank for Africa (UBA), Zenith Bank, Stanbic IBTC, Jaiz Bank, and Wema Bank.

Access Bank has not yet released its figures, including Guaranty Trust Bank among others.