Bank loans as a share of bank deposits reached 60.2% in 2020 in Nigeria, according to the National Central Bank. This is 12.6% less than in the previous year.
Historically, bank loans as a share of bank deposits in Nigeria reached an all time high of 117% in 1967 and an all time low of 44.7% in 1993.
Nigeria has been ranked 87th within the group of 102 countries we follow in terms of bank loans as a share of bank deposits.
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