Regulatory Measures to Improve Lending to the Real Sector of the Nigerian Economy (Loan-to-Deposit Ratio policy)

Central Bank of Nigeria Circular
Summary

Establishes a minimum Loan-to-Deposit Ratio (LDR) for banks, with Cash Reserve Requirement sanctions for non-compliance, to drive real-sector lending. Reiterated in April 2024.

Applicability

All deposit money banks.

Open Source Document ↗
Document Details
Date Issued
07 Jan 2020
Date Effective
07 Jan 2020
Compliance Deadline
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