Globus Bank CEO

Banks can lend more without accumulating bad loans — Globus Bank CEO

Banks can lend more without accumulating bad loans — Globus Bank CEO

The directive of the   Central Bank of Nigeria (CBN) that banks should give out 65 percent of their deposits as loans (Loan to Deposit Ratio) has triggered fears of increased Non Performing Loans (NPLs), which is presently above regulatory threshold in the industry.