ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Nigeria ups the ante on banks with tougher lending demands
Bloomberg Nigeria’s central bank is increasing pressure on lenders to keep providing credit to boost economic growth in Africa’s biggest oil producer. The West African nation’s banking regulator raised the minimum loan-to-deposit ratio to 65 percent from 60 percent to “sustain the momentum†seen in lending since it first lifted the measure in July, it said. Banks have until December …
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