Bank of Industry disbursed over ₦270 billion loans in 2018
June 16, 2019
12:07 am
The Bank of Industry (BoI) disbursed over N270billion in 2018, the Executive Director, Large Enterprises, Bank of Industry, Mr. Simon Aranonu has said.
Speaking in an interview with The Nation at the weekend, he said, the Bank generated a total of N36billioin as profit within the same period, as against N22 billion made in the previous year.
According to Aranonu, BoI in the last 18 months has also grown its balance sheet from N700b in 2017 to N1.1trillion as of Dec 31 2018.
While commenting on the modus operandi deployed by the Bank to resolve loan repayment, Aranonu revealed that …
