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Loan-to-Deposit Ratio (LDR)

60% LDR: How stock price of sanctioned banks depreciate on NSE

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The stock price of five banks out of 12 sanctioned by the Central Bank of Nigeria (CBN) on Thursday depreciated on The Nigerian Stock Exchange (NSE). The apex bank on Wednesday debited 12 banks who failed to meet the initial deadline of 60 per cent Loan to Deposit Ratio (LDR) by September 30, 2019, in […]

Exception of Access Bank, largest banks have LDRs below 60% – Fitch Rating

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Motolani Oseni Fitch Rating has disclosed that, exception of Access Bank Plc, other large banks in Nigeria have Loan-to-Deposit Ratio (LDR) below or close to 60per cent and will be among the most affected by the new requirement. This is coming on the heels of Central Bank of Nigeria (CBN) directive that required banks to […]