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CBN Debits 12 Banks N499bn For 60% Loan Ratio Default
The Central Bank of Nigeria (CBN) has deducted a total of N499,175,535,097 from the accounts of 12 banks under its supervision, over their failure to meet the September 30, 2019 deadline it had stipulated for them to maintain 60 per cent loan-to-deposit (LDR) ratio.
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