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Bank Loan Loss Provisions (Local Currency) in Nigeria

Source: IMF
Last Updated: July 20, 2022

Bank loan loss provisions reached NGN 38,780 mil in third quarter of 2021 in Nigeria, according to the National Central Bank. This is 20.4% more than in the previous quarter.

Historically, bank loan loss provisions in Nigeria reached an all time high of NGN 310,978 mil in 3Q2016 and an all time low of NGN -79,750 mil in 4Q2010.

Nigeria has been ranked 9th within the group of 53 countries we follow in terms of bank loan loss provisions.

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