Forbearance: Nigerian banks’ non-performing loans may increase – Fitch

Fitch Ratings said yesterday that a vast majority of Nigerian banks are expected to exit longstanding forbearance by end-2025. However, the ratings agency observed that the expiry of forbearance will lead to some large Stage 2 loans being reclassified as impaired, the agency said in a new peer credit analysis on the country’s major banks.

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