Tag: Cordros Securities

Banks increase lending rates after CBN’s MPR hike
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Banks may reconsider customer loans over naira slump – Security Firm

An analysis by a security firm, Cordros Securities shows that the release of foreign exchange is only anticipated to have a minor effect on banks’ lending-to-deposit ratios. According to The Punch, the security company said that the CBN’s proposal to re-enforce LDR could hurt Tier 1 banks, forcing them to revalue their loans and deposits in foreign […]