Nigeria's Banks And The Impact Of The Crisismasterclass

摘要

Nigeria's banks have so far been relatively insulated from the credit crisis in the West, but with external sources of capital rapidly drying up, how long can this situation last? Erastus Akinbola is chief executive of one of Nigeria's leading banks, Intercontinental Bank, and president of the Chartered Institute of Bankers in Nigeria. He spoke to Charlie Corbett about the impact of the credit crisis on Nigeria's banking industry. This interview is sponsored by Intercontinental Bank but independently edited by The Banker. We are not revising our profit forecasts but we might not be able to talk of 100% growth that we've always recorded right from the inception of the bank. I think we are facing reality - that [growth] will not be there this year.