Nearly half of SDIs insolvent

Nearly half of SDIs insolvent

…IMF pushes sector clean-up

Joshua Worlasi AMLANU
Published August 17, 20264 min read

The specialised deposit-taking institutions (SDIs) remain the financial system’s weakest link, with nearly half insolvent, prompting the International Monetary Fund (IMF) to demand faster reforms to contain financial stability risks and limit future fiscal costs.

Published by Juliet Etefe
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