Financial Condition and Performance of Insured Banks in the Second and First Quarters of 2013
Nigeria Deposit Insurance Corporation (NDIC)
Introduction; Structure of assets and liabilities; Assessment of the financial condition of insured banks ; Conclusion
This is a brief description on the Financial Condition and Performance of Insured Banks in the Second and First Quarters of 2013.As at 30th June, 2013, the Industry’s Total Assets stood at N21.37 trillion. This is an increase of 1.62% from N21.03 trillion as at the end of the first quarter of 2013. This increment was mainly as a result of the increase in Interbank Placements, Total Short term Investment, Other Short Term Funds, Net Loans and Advances/Leases and Net Other Assets.