Bank cost to income ratio reached 64.7% in 2019 in Nigeria, according to the National Central Bank. This is 6.23% more than in the previous year.
Historically, bank cost to income ratio in Nigeria reached an all time high of 72.0% in 2011 and an all time low of 58.2% in 2017.
Nigeria has been ranked 33rd within the group of 120 countries we follow in terms of bank cost to income ratio.
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