HomeBusiness & EconomyCBN to increase...

CBN to increase banks’ loan to deposit ratio to 70%

By Aisha Auyo
Estimated reading time: Less than 1 minutes

The Central Bank of Nigeria will increase banks’ Loan to Deposit Ratio (LDR) to 70% by 2020.
CBN Director, Banking Supervision, Mr. Hassan Belllo disclosed this while speaking at the 2019 workshop for Finance Correspondens and Business Editors organised by the Nigeria Deposit Insurance Corporation (NDIC) in Yola, Adamawa State.
Recall that the Apex bank in May introduced 60 percent LDR for banks. The LDR was increased to 65 per cent in September with December 31st 2019 as deadline for compliance.
 

Follow the Neptune Prime channel on WhatsApp:

WhatsApp Channel

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com

WhatsApp us here also
Load more

Get notified whenever we post something new!

spot_img

Buy Now ⟶

Continue reading

Aisha Auyo -
Entertainment

NP’s Family Dynamics with Sis Eesher: A wife drained by silence, blame, and neglect

NP’s Family Dynamics with Sis Eesher: A wife drained by silence, blame, and neglect Dear Sis Eesher I am married with two children. My husband provides for us, and I also run a small business, though it’s not doing so well...
Aisha Auyo -
Entertainment

NP’s Family Dynamics With Sis Eesher: Intimacy and Financial Stress in Marriage

NP’s Family Dynamics With Sis Eesher: Intimacy and Financial Stress in Marriage Dear Sis Eesher, What do you do when you have tried every possible means to strengthen intimacy in your marriage, yet nothing changes? My wife has repeatedly said her reason...
Aisha Auyo -
Opinion

Self-Kindness, the ultimate investment here and hereafter, by Aisha Musa Auyo 

Self-Kindness, the ultimate investment here and hereafter, by Aisha Musa Auyo  I preach kindness every now and then, kindness to a spouse, kids, parents, relatives, and others in our lives. But today, I want to dwell on the most crucial...

Subscribe ⟶