Bank Loans to Financial Corporations (Local Currency) in Nigeria

Source: IMF
Last Updated: May 29, 2023

Bank loans to financial corporations reached NGN < 0.001 bil in second quarter of 2021 in Nigeria, according to the National Central Bank. This is 12.2% more than in the previous quarter.

Historically, bank loans to financial corporations in Nigeria reached an all time high of NGN 61.8 bil in 4Q2007 and an all time low of NGN < 0.001 bil in 3Q2018.

Nigeria has been ranked 55th within the group of 56 countries we follow in terms of bank loans to financial corporations.

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