Nigeria: CBN Loan - How Banks Created N1.16trn Credit in 6 Months

Published: 2/12/2019
Nigeria: CBN Loan - How Banks Created N1.16trn Credit in 6 Months
Source: ALLAFRICA.COM

[Daily Trust] Lagos -In July 2019, the banking regulator, the Central Bank of Nigeria (CBN) set at least 60 percent minimum loan-to-deposit ratio (LDR) to encourage lending to small businesses and consumers and more mortgages. Daily Trust in this analysis examines the success of the policy in boosting lending while maintaining a sound financial system.

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