Banks’ asset value sees 22% growth in nine years

The banking sector has recorded tremendous growth in the past seven years with the sector’s value of assets seeing a compound annual growth rate (CAGR) expansion of 22.1 per cent from 2015 to 2024, the 2025 State of Enterprise (SOE 2025), the fourth series of the yearly report of ExterpriseNGR unveiled yesterday, has said.