Sterling Bank eyes acquisitions
The bank expected a further 20 percent devaluation in the naira, eroding capital ratios for several of Sterling's rivals exposed to foreign currency assets and potentially triggering mergers.
Sterling Bank boss, Yemi Adeola
Abubakar Suleiman also told Reuters the bank expected a further 20 percent devaluation in the naira, eroding capital ratios for several of Sterling's rivals exposed to foreign currency assets and potentially triggering mergers.
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