Global rating agency, Fitch, says the new requirement for Nigerian banks to have a loan to deposit ratio (LDR) of at least 60 percent at end-September is credit-negative for the sector.
Fitch, in a press release Friday morning, said the new directive would push some banks to significantly increa
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```