CBZ grow loans and advances by 145 percent …as insurance business woes persist

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FINANCIAL services group CBZ Holdings says its loans and advances clocked $2,07 trillion in the year ended December 31, 2023, registering a 145 percent growth year on year. As per the group’s internal business classification, the majority of the advances were concentrated in commercial loans, which rose 155 percent to $1,64 trillion in 2023 from…