Banks’ interest rates are high despite CBN’s LDR policy – Report
While the cost of funds to banks was declining, the lending rate to customers was on the rise, a signal ...
Tag: LDR
Nigerian Banks expected to write off 12% of its loans in 2020
The Nigerian banking system has been through two major asset quality crisis.
Nigeria’s Foreign Portfolio investment to crash by $11.4 billion in 2020- IMF
The liquidity based indicators of the nation remain a concern, as they make Nigeria’s low debt-to-GDP ratio highly vulnerable to ...
Union Bank releases FY 2019 financial result, profit up by 10.3%
Union Bank has just released the audited financial statement for full-year 2019 which shows an improvement, as profit grew by ...
CBN retains Loan to Deposit Ratio at 65%
The Central Bank of Nigeria (CBN) has retained the Loan to Deposit Ratio (LDR) at 65% against the widely projected ...
Banks’ loan to private sector increases by N3.47 trillion in 2019
As the Central Bank of Nigeria (CBN) continues to compel Banks to boost their credit to the real sector of ...
CBN to increase LDR to 70%
The Central Bank of Nigeria (@cenbank) is reportedly set to increase banks’ Loan to Deposit Ratio (LDR) to 70%, from ...
LDR: Growing real sector by fiat? Part 2
In order to minimize the undesirable effects of the current policy, some modifications listed below can be considered.
