BANKING INDUSTRY LOANS TOP N16 TRILLION IN THIRD QUARTER

Written by on September 25, 2019

THE AMOUNT, WHICH REPRESENTED N830 BILLION INCREASE FROM N15.4 TRILLION RECORDED IN JUNE 2019, MAY HAVE BEEN IMPACTED BY THE REGULATORY DIRECTIVE TO ALL BANKS TO INCREASE THEIR LENDING-TO-DEPOSIT RATIO TO 60 PER CENT


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