Leveraging on business mergers for growth
“In Mainstreet Bank Limited’s 2013 audited results, retail and commercial banking contributed 78 per cent, 36 percent, and 18 per cent of total deposits, total loans and profit before tax. Also, Mainstreet’s savings and demand deposits accounted for 21 per cent and 43 per cent of deposit mix, which also demonstrated its focus on these two segments”, the bank said.
Dele Fanimo
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