Banks NPLs ratio declines to 5.4% in July vs 5.7% in May, says CBN

Banks NPLs ratio declines to 5.4% in July vs 5.7% in May, says CBN: Rate of loans defaults by bank customers have declined as Non-Performing Loans (NPLs) ratio in the banking industry fell to 5.4 percent at the end of July, 2021, the Central Bank of Nigeria (CBN) said on Friday. According to the regulatory bank, the NPLs ratio of banks fell by 0.3 percent in Jul ...