Banks to sustain 50% LDR as lending contracts

By Chinwendu Obienyi Despite the contraction in private sector lending, banks across Nigeria are expected to maintain their compliance with the Central Bank of Nigeria’s (CBN) 50 per cent Loan-to-Deposit Ratio (LDR) requirement. According to analysts at FBNQuest Merchant Bank Research, this trend is driven by tighter monetary policies, liquidity constraints, and increased credit [...]The post Banks to sustain 50% LDR as lending contracts appeared first on The Sun Nigeria.

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