Tag: loan to deposit ratio

How will COVID-19 impact Nigerian banks’ half-year earnings?

This month marks a year since the Central Bank of Nigeria introduced the Loan-To-Deposit-Ratio policy. Nigeria's apex bank says banks total credit rose to 3.1 trillion naira on the performance of the LDR policy. Muyiwa Oni, Regional Head, Equity Research at Standard Bank Group joins CNBC Africa for more.

Moody’s declares 65% LDR for Nigerian banks as credit-negative – what are the implications for the economy?

Moody's Investors Service says meeting the Central Bank of Nigeria's (CNB) minimum requirement of 65 per cent Loan-to-Deposit ratio will be credit negative for the banks as they expect Nigerian banks to potentially make riskier loans to meet the LDR target by March. Peter Mushangwe, Banking Analyst at Moody’s joins CNBC Africa from London for more.

Nigeria’s manufacturing sector receives N459.69bn boost

The Central Bank of Nigeria (CBN) says gross credit to the manufacturing sector was N459.69 billion between the end of May and end of October this year. The inflow credited to the Apex Bank’s recent policy on loan-to-deposit ratio. Meanwhile, the Real GDP growth in Nigeria’s manufacturing sector was 1.1 per cent year on year in the third quarter of the year. President of Manufacturers Association of Nigeria (MAN), Mansur Ahmed joins CNBC Africa to discuss this story.

CBN sets December 31st deadline for 65% LDR target: A wrap of Nigeria’s FX markets

The Central Bank of Nigeria (CBN) has charged 12 banks over N400bn for failing to meet the loan-to-deposit-ratio (LDR) target set by Apex Bank. CBN had set September 30th as deadline for banks in the Country to meet the 60 per cent loan-to-deposit-ratio target. To discuss this story, Omotola Abimbola, Macro and Fixed Income Analyst at Chapel Hill Denham joins CNBC Africa for more.

Banking sector gross credit up 5.3% to N16.39bn: An update of Nigeria’s markets

The Central Bank of Nigeria (CBN) says the banking sector gross credit increased by 5.3 to N16.3billion as at September 26th owing to the 60 per cent Loan-to-Deposit-Ratio target set by the regulator. It also reviewed upward the LDR target to 65 per cent. To discuss this story and review today’s trading session at Nigeria’s equities market, Investment Research Analyst at Meristem Securities, Samuel Adebisi joins CNBC Africa for more.

CBN raises banks’ Loan to Deposit Ratio to 65%

The Central Bank of Nigeria has reviewed upwards the minimum loan-to-deposit-ratio (LDR) for banks in the country from 60 to 65 per cent. The new directive comes just after the closure of September 30th deadline set by the regulator for banks to meet the 60 per cent loan-to-deposit-ratio. Meanwhile, oil prices steadied today although gains were capped as weak economic readings in the United States depressed global markets. Research Analyst at Financial Derivatives, Funmi Adebowale joins CNBC Africa for more.

CBN’s deadline for new lending policy ends today: A look at Nigeria’s money market

The Central Bank of Nigeria (CBN) had earlier this year set today as deadline for banks in the country to meet the 60 per cent loan-to-deposit ratio set by the Apex Bank. To discuss this and for an outlook on Nigeria’s money market in the fourth quarter of the year, Victor Aluyi, Head of Portfolio Management at Comercio Partners joins CNBC Africa for more.

Why this analyst thinks the CBN’s imposition of minimum loan to deposit ratio on banks is negative

The Central Bank of Nigeria (CBN) says it will begin a monthly assessment of the Loan to Deposit ratio of Deposit Money Banks from the 30th of September when the deadline to keep the ratio at 60 per cent ends. Ronak Ghadia, Director and Sub-Saharan Africa Banking Analyst at EFG Hermes Research joins CNBC Africa for more.