Coronation Merchant Bank remains one of the top-rated merchant Banks in Nigeria as shown by the recently released Rating Report by Agusto&Co, a foremost rating agency in Nigeria. In the Report, Agusto affirmed the A+ rating assigned to the Bank with stable outlook and stated that the rating reflects the Bank’s position in the merchant […]
Despite the uncertainties in the economy, Coronation Merchant Bank remains optimistic that there are yet investment opportunities in Nigeria’s economy. This was disclosed by a team of analysts at the Coronation Breakfast Session, tagged “Discovering the New Normal: Impact of COVID-19 and The collapse of Oil Prices” that held recently in Lagos. The breakfast session […]
Coronation Merchant Bank Limited on Thursday announced a profit after tax of N5.09 billion for the financial year ended Dec. 31, 2019. The profit after tax represents a growth of 14 per cent when compared with N4.48 billion recorded in the corresponding period of 2018. READ ALSO: Senate approves N346.3bn for NDDC for 2019 Its […]
Coronation Merchant Bank has partnered with International Finance Corporation (IFC) to a launch a N14.4 billion Trade Finance Guarantee Facility to boost financing for local businesses and enhancement of inter-continental trade. IFC is a sister organization of the World Bank and member of the World Bank Group. The organization is the largest global development institution […]
Analysts at Coronation Merchant Bank has said the country’s local currency would not be devalued in 2020 as being speculated in some quarters. They expressed that Central Bank of Nigeria policies on foreign exchange reserves, among other stands to ensure naira stability.The naira devaluation, the low yield on Treasury bills, among others were resolutions reached the […]