The Banker: Higher Interest Rates Boost Lenders’ Profits

...As Nigerian bank leads in ROA ranking Global lenders’ monitoring publication, The Banker, has said soaring interest rates have boosted bank profits to record highs. According to The Banker’s Top 1000 World Banks 2024 ranking, some lenders are reporting their best year on record in terms of pretax profits in 2023. This is just as...The post The Banker: Higher Interest Rates Boost Lenders’ Profits first appeared on New Telegraph.The post The Banker: Higher Interest Rates Boost Lenders’ Profits appeared first on New Telegraph.

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