CSR
Coronation Merchant Bank places a strong emphasis on working responsibly. As an entity, we understand that our operations have an impact on the environment, the communities in which we operate and our stakeholders. We believe in carrying out our duties in a socially responsible way.
Our Approach
Coronation Merchant Bank continues to build internal capacity in managing the economic, social and environmental aspects of its operations, guided by a comprehensive Project Sustainability Policy. We conduct environmental and social due diligence on major Credit requests, benchmarking against the performance standards of reputable international finance institutions.
With a commitment to responsibly meeting the needs of our customers and serving society, we firmly believe that sustainable business growth can only be realized through community and societal engagement and involvement.
CSR News
August Inflation Report
The NBS has released its August inflation report to show – Headline rate 17.01% y/y (17.38% in July): Core rate 13.41% y/y (13.72%);
Coronation Fixed Income and Exchange Rate (CFEX) Update | 20 Sep ‘21
Summary Opening market liquidity was reported at NGN312.8bn on Friday (17 Sep ‘21). Overnight and repo rates closed within a range of 16.5-20.0%.
MPC Decision – September 2021
Decision (unanimous)Retain MPR at 11.50% Retain the asymmetric corridor of the MPR at +100 / -700 basis point. Retain CRR at 27.5%. Retain
Coronation Fixed Income and Exchange Rate (CFEX) Update
Summary Opening market liquidity was reported at NGN68.1bn on Friday (10 Sep ‘21). Overnight and repo rates closed within a range of 14.5-16.0%.
SPACS as Engines for Public Ownership and Growth
The global equity capital market has been reacting to the infusion of significant cash investments – $83billion in 2020 and over $53billion in
Coronation Economic Note: Manufacturing sector in focus
Today we turn our attention to the recently released national accounts for Q2 2021 from the National Bureau of Statistics. The data show
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