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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 197,885 mil in 2020 in Nigeria, according to the National Central Bank. This is 119% more than in the previous year.

Historically, bank loan loss provisions in Nigeria reached an all time high of NGN 611,309 mil in 2016 and an all time low of NGN -79,003 mil in 2010.

Nigeria has been ranked 13th within the group of 63 countries we follow in terms of bank loan loss provisions.

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