Loan loss provisions as a percentage of bank loans reached 0.834% in third quarter of 2021 in Nigeria, according to the National Central Bank. This is 12.9% more than in the previous quarter.
Historically, loan loss provisions as a percentage of bank loans in Nigeria reached an all time high of 17.6% in 4Q2011 and an all time low of -5.37% in 4Q2010.
Nigeria has been ranked 18th within the group of 39 countries we follow in terms of loan loss provisions as a percentage of bank loans.
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