Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

CBN Retains 65% LDR, Sustains Penalty for Defaulting Banks

The Central Bank of Nigeria (CBN) has decided, in the interim, to retain the minimum loan-to-deposit (LDR) ratio for commercial and merchant banks at 65 per cent. It based its decision on what it described as remarkable increase in credit to the private sector. The central bank stated this in a letter to all banks,…

The post CBN Retains 65% LDR, Sustains Penalty for Defaulting Banks appeared first on naija-news.com.



This post first appeared on Naija-news.com, please read the originial post: here

Share the post

CBN Retains 65% LDR, Sustains Penalty for Defaulting Banks

×

Subscribe to Naija-news.com

Get updates delivered right to your inbox!

Thank you for your subscription

×