Fx denominated loans as a share of bank loans reached 30.9% in 2022 in Nigeria, according to the National Central Bank. This is 1.43% more than in the previous year.
Historically, FX denominated loans as a share of bank loans in Nigeria reached an all time high of 44.2% in 2018 and an all time low of 30.2% in 2020.
Nigeria has been ranked 32nd within the group of 90 countries we follow in terms of FX denominated loans as a share of bank loans.
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