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Increase In Bank Idle Funds Despite Tightening Credit - Business - Nairaland

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Increase In Bank Idle Funds Despite Tightening Credit by newsc: 9:56am On Feb 13, 2023
Information acquired from official papers over the weekend indicates that since the start of the year, the flow of short-term loans from deposit money banks (DMBs) to their regulator has increased in an unexpected way.

The previous tendency, which has reversed, reveals that many banks have a surplus of idle cash, much of which may have resulted from the recent rise in deposits since the start of the naira reform program...

https://www.thenews-chronicle.com/increase-in-bank-idle-funds-despite-tightening-credit/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

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