FOREMOST rating agency, Agusto and Co, has identified some themes that will shape the banking industry this year. According to the firm, reform of the cash reserve requirement will have significant impact on the banking industry. He also noted that strengthening banks› capital base could improve stability and lending capacity. Shake-up in the merchant banking segment according to him, could create opportunities for some banks and challenges for others. On basel III transition, the analyst said that implementing stricter capital adequacy rules could improve financial stability but raise compliance costs.

Source: Nigerian Tribune February 12, 2024 14:03 UTC