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