Business
‘Poor market risk analysis major cause of loan defaults’
6 months agoChief Risk and Compliance Officer, Kazeem Bisiriyu (left); Managing Director/Chief Executive Officer, Taiwo Joda; Board Chairman, Christian Ruehmer; Head, Learning and Development, Omoyeni Melia; Chief Commercial Officer, Stephen Olalere and Group Head, Operations, Ayodeji Mebude, all of Accion Microfinance Bank, during a press conference announcing the company's 20th Anniversary, in Lagos.
Poor analysis of market risk has been picked as the major cause of loan default, especially by micro, small and medium enterprises (MSMEs). Giving the hint, Chief Risk and Compliance…
