CBN ranks Anambra third in deposit mobilisation

The Central Bank of Nigeria has rated the economy of Anambra State as among the strongest in the country.

The  Branch Manager of the bank in Awka, Mr. Okoro Azubuike, announced the rating in Awka on Thursday when he received the Minister of Information, Mr Labaran Maku, who was on the good governance tour of the state.

Azubuike said deposit mobilisation in the state was third in the country behind Lagos and Kano, while it ranked fourth in terms of the presence of commercial and microfinance banks.

He said the commercial cities of Onitsha and Nnewi were large and had made the state the commercial base of the South East region.

In his remarks, Governor Peter Obi said the bank was crucial to the commercial activities of the state, adding that the government had resolved to fast-track the construction of its permanent office in the state.