Financial Expert, Olúwatósìn Olaseinde‏ has given a breakdown to the Central Bank of Nigeria circular emanating banks to maintain a minimum Loan to Deposit Ratio (LDR).

Olaseinde‏ explained this in a series of tweets on her official twitter handle.

Have you seen this circular sent by the CBN? Let’s break it down for you So CBN is essentially forcing banks to not just increase their lending to a certain percentage but also to certain sectors. Meaning they want it to go to individuals and SMEs to drive growth.

Read more: https://thebelltimesng.com/2019/07/05/expert-explains-cbn-ldr-order-to-banks/