The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the launch of new research on critical areas in the Central Bank Digital Currency (CBDC) field December 6, 2023/IsDBI The Islamic Development Bank Institute (IsDBI) participated as a knowledge partner in a conference titled ‘“Exploring […]
Money Market
NPL Monitor: Bad Loans Continue to Fall in CESEE Despite Macro Challenges
Image Credit: EBRD December 6, 2023/EBRD By Svitlana Pyrkalo NPL ratios declined to an average of 2.2 per cent in June 2023 NPL stocks fell by 6.8 per cent on average Write-offs, restructuring and recovery are more effective than selling distressed debt Bad debt, also known as non-performing loans (NPLs), […]
Deposit Money Banks Total Credit Extension to the Economy Increased to N38.3bn in July 2023
December 5, 2023/FBNQuest Research The Central Bank of Nigeria’s (CBN) most recent monthly economic report shows that deposit money banks (DMB) total credit extension to the economy increased to NGN38.3bn in Jul ’23 from NGN37.5bn in the previous month. On a y/y basis, their credit lending to the economy grew […]
