Rates crash further as banks race to beat 65% LDR deadline
In a bid to meet the December 31, 2019 deadline for them to achieve the 65 per cent minimum loan-to-deposit ratio (LDR) stipulated by
CBN to raise LDR to 70% by 2020
The Central Bank of Nigeria will increase banks’ loan to deposit ratio to 70 per cent by 2020. Hassan Bello, the CBN director, banking