The Central Bank of Nigeria’s (CBN) reiteration of the 65 percent Loan-to Deposit ratio (LDR) means banks must create up to N1.2 trillion in loans to comply with the directive assuming that bank deposits do not grow this year.
The N2 trillion in loans created in the last 9 months of 2019 might be
```
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.
```