The recent hike in the cash reserve ratio (CRR) of deposit money banks from 27.5 percent to 32.5 percent by the Central Bank of Nigeria (CBN) will take the portion of customers’ deposits not available for lending to over N10 trillion, BusinessDay’s findings have shown.
At the old CRR of 27.5
```
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.
```
Teliat Sule
Teliat Abiodun Sule
Assistant Editor, Economy & Markets
