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Nigeria-based Zenith Bank to focus on retail segment, CEO says

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Nigeria-based Zenith Bank to focus on retail segment, CEO says

Zenith Bank PLC CEO Peter Amangbo said the Nigerian lender will grow its loan book in 2019 and focus on accelerating growth in the retail segment, noting sluggish loan growth in 2018, Vanguard reported.

Amangbo said the Lagos-based bank will implement a retail strategy that focuses on boosting lending to individuals, small businesses and households at affordable interest rates.