Coronation Merchant Bank Limited
Coronation Research: 34 insurers may exit post-recapitalisation
The fate of about 34 insurance companies currently operating in the country may be hanging in the balance, with about 25 others having a brighter chance of scaling through, going by the report of Coronation Research.
Coronation Merchant Bank posts N223 billion total assets in 2018
Coronation Merchant Bank Limited has recorded an increase in profit to the tune of N223 billion in 2018, against N136 billion in 2017, and total assets, which grew by 63 per cent.
Coronation Merchant Bank’s N15 billion commercial paper gets 180% subscription
Coronation Merchant Bank Limited has recorded a very strong performance in its inaugural Commercial Paper issuance worth N15 billion, with a 180 per cent subscription level.The N15 billion offer, which is the first tranche, under its N100 billion Commercial Paper programme, received a total of about N28 billion commitments