Showing posts with label Bank loans. Show all posts
Showing posts with label Bank loans. Show all posts

Tuesday, July 29, 2014

Bank loans to domestic economy rise to ₦10tn



Deposit Money Banks’ total loans and advances to the domestic economy hit N10tn as of March 2014, the Central Bank of Nigeria’s latest statistics indicated.  “Total loans and advances in the review period showed that total loans and advances of the DMBs to the domestic economy stood at N10tn, representing an increase of N151.0bn or 1.5 per cent above the level recorded in the preceding month,” the report stated.

ST

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