Agusto & Co has released the 2020 Banking Industry Report. We invite you to subscribe to our report which is the most current and comprehensive report on the banking industry in Nigeria.
The report provides an overview of the banking industry’s architecture and in-depth analysis of its asset quality, earnings, capitalisation and liability generation. Our assessment of the Industry’s financial condition is based on figures and information published in the approved annual reports of nineteen commercial banks and five merchant banks as at 31 December 2019. These banks collectively accounted for an estimated 98% of the Industry’s total assets as at the same date and provide a good representation of the Industry.
Our report provides a detailed analysis on the expected impact of the COVID-19 pandemic on the Industry. In addition, we have included recent trends and developments, highlighting measures adopted by banks to cope with macroeconomic and regulatory challenges. Also included in the report is an overview of the electronic payment systems embraced by the Industry and an analysis of the market share of some electronic banking platforms by banks.
The report provides five years financial data on the Industry (2017-2021f).
