FNBB raises red flags on credit
Friday, March 06, 2020
As at December 31, 2019, individual customers owed FNBB P9.4 billion or about 60% of the bank’s total loan book.
For the six months ended December 31, 2019, total loans advanced by FNBB to its individual customers rose 9.6 percent, while impairments amongst individual customers rose 43% to P121.3 million.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...