KCB, Equity and Co-op More Efficient Nigerian Banks – Moody’s
KCB, Equity Bank (Kenya) and Co-operative Bank of Kenya have stronger cost-to-income ratios than their Nigerian counterparts, despite their higher retail overhead costs, according to rating agency Moody’s Investors Service. In a peer comparison report, Moody’s says Kenyan banks’ lower cost-to-income ratios primarily reflect their higher net interest margins derived from their greater exposure to … Continue reading KCB, Equity and Co-op More Efficient Nigerian Banks – Moody’s
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