CRR: CBN debits banks N120.2 billion
The CBN debited banks a total of N120.2 billion according to information reaching Nairametrics from sources with knowledge of the ...
The CBN debited banks a total of N120.2 billion according to information reaching Nairametrics from sources with knowledge of the ...
Banks are recording higher net interest income, despite the CBN's frequent CRR debits chalking off significant amounts of their cash.
Sterling Bank Plc, one of Nigeria's tier 2 banks reported that the Central Bank of Nigeria's CBN restricted about N215.5 ...
These debits have inevitably tightened liquidity in the banking system and bankers are complaining.
Among the 26 banks affected by the latest debits are regular "victims".