ARM Research places ‘Buy’ rating on FirstBank stock

by | February 19, 2018 1:08 am

Leading investment firm, ARM Securities Limited, has placed “Buy” ratings on First Bank Holdings Nigeria (FBNH) Plc, describing the lender as very attractive with the potential of improving asset quality. The investment house says the lender looks increasingly attractive, strengthened by above par core banking metrics and resilient in Net Interest Margin (NIM) and operational…

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