These lenders have the cheapest valuation

These lenders have the cheapest valuation

Among Nigeria’s lenders, Diamond Bank Nigeria Plc and Skye Bank Nigeria Plc have the weakest price-to-book ratio, which measures the stock price against the value of assets minus liabilities. Both banks have been seeking ways to boost capital buffers and profitability to reverse a slump in their shares, which has left them trading at less…

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