New Lending Policy Grows Banks' Performance - Nigeria

Dec 21, 2019 · 1m 5s
New Lending Policy Grows Banks' Performance - Nigeria
Description

The Deposit Money Banks has raised their credit exposure to the capital market and insurance sectors in an increased effort to meet the Central Bank of Nigeria (CBN) new lending...

show more
The Deposit Money Banks has raised their credit exposure to the capital market and insurance sectors in an increased effort to meet the Central Bank of Nigeria (CBN) new lending policy.
According to Toyin Sanni, Managing Director/CEO, Emerging Capital Group, a Lagos-based investment banking firm, disclosed that the CBN’s circular to banks to maintain a minimum Loan-to-Deposit Ratio (LDR) of 60 percent before September 30, 2019, had led to growth in banks’ loan books. Adding that, nearly all sectors were positively impacted as a result of the action.
show less
Information
Author Africa Business Radio
Organization Africa Business Radio
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search