Tag: CBN
Browse our exclusive articles!
Don’t Lend to Unbankable Projects to meet CBN’s 60% LDR Target, LCCI Warns Banks
In order to avoid toxic assets and Non-performing Loans, the Lagos Chamber of Commerce and Industry (LCCI) has warned Deposit Money Banks (DMBs) against lending to unbankable projects.
CBN Boosts Inter-Bank Forex Market With $210 Million
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange (forex) Market after the transactions on Tuesday, July 30.
What CBN’s Loan-to-deposit Ratio Policy Portends for Banking Sector by Zenith Bank MD
The Chief Executive Officer of Zenith Bank Plc, Ebenezer Onyeagwu has explained the implications of the CBN’s loan-to-deposit policy for the banking sector in Nigeria.
CBN to begin monthly monitoring of banks’ LDRs from September 30
The Central Bank of Nigeria on Tuesday, July 23, 2019 said it will from September 30, 2019, begin a monthly monitoring of loan-to-deposit ratios (LDRs) of Loan Deposit Money Banks as part of efforts to increase lending and stimulate economic growth.
Titan Trust Bank, two others Bag CBN Licenses
The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This is revealed in the information obtained from the website of the apex bank.
